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The assets held by individual investors in the MF industry have been increasing gradually.
AMFI data shows that individual investors account for 60% of total MF assets in December 2023, compared to 59% in December 2022. Individual investors include both retail investors and HNIs.
The data also shows that individual investors assets in mutual funds have increased by 30% to Rs. 31 lakh crore in December 2023 from Rs.23.50 lakh crore in December 2022.
Overall, the mutual fund industry assets increased to Rs.51 lakh crore, an increase of 25% in December 2023 from Rs.41 lakh crore in December 2022.
