AMFI data shows that individual investors – retail and HNIs account for 54% of the total assets of the MF industry.
Of the total Rs.32.71 lakh crore of the MF industry, Individual investors have assets of Rs.17.27 lakh crore as on March 2021.
In addition, the proportion of individual investors compared to overall assets has increased marginally. Let us look at the table:
|
Investor Type |
Proportionate Share (Mar 20) |
Proportionate Share (Mar 21) |
Trend |
Assets Held (Mar 20)# |
Assets Held (Mar 21)# |
Trend |
|
Individual |
52.2 % |
53.7 % |
|
12.90 |
17.27 |
|
|
Institutional |
47.8 % |
46.3 %* |
|
11.81 |
14.90 |
|
# Rs. In lakh crore
Investor categories across various schemes
Individual investors have contributed 88% of the total equity AUM. Surprisingly, individual investors have increased their exposure to debt funds with contribution of 40% in the total debt AUM of the MF industry.
Overall, debt-oriented schemes, ETFs & FOFs and liquid/money market derived their assets majorly from institutional investors.
|
Scheme |
Individual Investors |
Institutional Investors |
|
Debt-oriented schemes |
40% |
60% |
|
Equity-oriented schemes* |
88% |
12% |
|
ETFs & FoFs (Fund of Funds) |
9% |
91% |
|
Liquid/Money Market |
16% |
84% |
* Equity-oriented schemes include equity and balanced funds.
Holdings of individual and institutional investors
Of every Rs.100 in mutual funds, individual investors have invested Rs.70 in equity funds, Rs.23 in debt funds and Rs.5 in liquid funds. Whereas, institutional investors majorly invested in debt-oriented schemes and liquid/money market.
|
Investor Type |
Debt-oriented schemes |
Equity-oriented schemes* |
ETFs & FoFs |
Liquid/Money Market |
|
Individual |
23% |
70% |
2% |
5% |
|
Institutional |
40% |
11% |
19% |
30% |
* Equity-oriented schemes include equity and balanced funds.
