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The AMFI – CRISIL factbook shows that Lakshadweep, Arunachal Pradesh and Manipur have the highest share of their MF AUM from people in the 25-44 age bracket among all states and union territories as of March 2024.
Lakshadweep is the leader in the age bracket with 59% of its MF assets coming from investors in this age range. Arunachal Pradesh is next with the state recording about 42% of its AUM from this age group while Manipur is third on the list with 39% of its mutual fund assets contributed by this age group.
Rajasthan and Bihar complete the top five with 37% and 36% of their mutual fund assets coming from these young investors.
Here is the list of all the states and union territories with the share of investors from 25-44 age group in their overall mutual fund assets.
|
State |
25 to 44 |
|
Lakshadweep |
59.1 |
|
Arunachal Pradesh |
41.7 |
|
Manipur |
39.0 |
|
Rajasthan |
36.6 |
|
Bihar |
36.2 |
|
Jammu and Kashmir |
36.2 |
|
Himachal Pradesh |
36.1 |
|
Andhra Pradesh |
35.2 |
|
Madhya Pradesh |
33.8 |
|
Uttarakhand |
33.4 |
|
Uttar Pradesh |
32.9 |
|
Nagaland |
32.7 |
|
Punjab |
31.8 |
|
Jharkhand |
31.7 |
|
Odisha |
31.3 |
|
Dadra and Nagar Haveli |
30.7 |
|
Chhattisgarh |
30.1 |
|
Telangana |
29.9 |
|
Haryana |
29.4 |
|
Daman and Diu |
29.3 |
|
Assam |
29.0 |
|
Tripura |
28.6 |
|
Kerala |
28.4 |
|
Gujarat |
28.3 |
|
Puducherry |
28.2 |
|
West Bengal |
27.1 |
|
Andaman and Nicobar Islands |
27.1 |
|
Karnataka |
26.7 |
|
Sikkim |
26.6 |
|
New Delhi |
25.1 |
|
Meghalaya |
24.9 |
|
Tamil Nadu |
24.0 |
|
Maharashtra |
23.4 |
|
Goa |
23.1 |
|
Mizoram |
22.8 |
|
Chandigarh |
22.8 |
Let us look at how states and UTs fare in all other age groups.
Investors below the age of 25
Chandigarh leads every other state in the age bracket of youngest investors below the age of 25 with 4.9% of the union territory’s MF AUM coming from this age group. Bihar is slightly behind on the second spot with 4.8% of its MF assets coming from investors below the age of 25. Punjab is third on the list with 4.4% of its assets contributed by investors below 25.
Gujarat and Meghalaya complete the top 5 with the below 25 age group constituting 4% and 3.9% of the mutual fund assets of the states.
The share of this age group in mutual fund assets of all states and UTs is listed below:
|
State |
Share of investors below 25 |
|
Chandigarh |
4.9 |
|
Bihar |
4.8 |
|
Punjab |
4.4 |
|
Gujarat |
4.0 |
|
Meghalaya |
3.9 |
|
Rajasthan |
3.8 |
|
Sikkim |
3.8 |
|
Jammu and Kashmir |
3.6 |
|
Daman and Diu |
3.6 |
|
Assam |
3.5 |
|
Chhattisgarh |
3.4 |
|
Goa |
3.3 |
|
Uttar Pradesh |
3.2 |
|
Lakshadweep |
3.1 |
|
Andhra Pradesh |
3.1 |
|
Dadra and Nagar Haveli |
3.1 |
|
Madhya Pradesh |
3.0 |
|
Manipur |
2.9 |
|
West Bengal |
2.8 |
|
Maharashtra |
2.8 |
|
New Delhi |
2.7 |
|
Jharkhand |
2.6 |
|
Haryana |
2.6 |
|
Himachal Pradesh |
2.5 |
|
Uttarakhand |
2.5 |
|
Telangana |
2.5 |
|
Puducherry |
2.5 |
|
Odisha |
2.4 |
|
Nagaland |
2.3 |
|
Tamil Nadu |
2.3 |
|
Andaman and Nicobar Islands |
2.1 |
|
Arunachal Pradesh |
2.0 |
|
Karnataka |
1.9 |
|
Kerala |
1.7 |
|
Tripura |
1.4 |
|
Mizoram |
1.2 |
Investors between 45 - 58 age
In the investors from 45-58 age bracket, Dadra and Nagar Haveli is the leader with 45% share of its AUM coming from the age group. Arunachal Pradesh is next with the 45-58 age bracket contributing 38% of its MF assets. Daman and Diu is in the third spot with 36% of its MF AUM contributed by this age group.
Mizoram and Karnataka complete the top 5 with 35% and 34% of their mutual fund assets contributed by investors in this age group.
Here is a list of all states and UTs and the share of investors between 45-58 in their MF AUM:
|
State |
Share of investors aged 45 to 58 |
|
Dadra and Nagar Haveli |
44.5 |
|
Arunachal Pradesh |
38.0 |
|
Daman and Diu |
35.9 |
|
Mizoram |
34.8 |
|
Karnataka |
34.1 |
|
Haryana |
32.8 |
|
Meghalaya |
32.6 |
|
Telangana |
31.1 |
|
Maharashtra |
30.7 |
|
Chandigarh |
30.2 |
|
Nagaland |
29.7 |
|
Tamil Nadu |
29.7 |
|
Sikkim |
28.6 |
|
West Bengal |
28.6 |
|
Gujarat |
28.4 |
|
Assam |
28.0 |
|
Chhattisgarh |
27.9 |
|
Uttar Pradesh |
27.9 |
|
Jharkhand |
27.8 |
|
Odisha |
27.7 |
|
Kerala |
27.5 |
|
Uttarakhand |
27.4 |
|
Punjab |
27.0 |
|
New Delhi |
27.0 |
|
Bihar |
26.7 |
|
Jammu and Kashmir |
26.5 |
|
Goa |
26.5 |
|
Himachal Pradesh |
26.4 |
|
Andaman and Nicobar Islands |
26.1 |
|
Puducherry |
25.7 |
|
Madhya Pradesh |
25.6 |
|
Rajasthan |
24.3 |
|
Manipur |
24.3 |
|
Andhra Pradesh |
22.6 |
|
Tripura |
21.3 |
|
Lakshadweep |
20.4 |
Investors above 58
Goa and Andaman and Nicobar Islands are the leaders in this age group with 44% and 42% of their mutual fund AUM constituted by investors above the age of 58. At 41%, New Delhi too has a healthy contribution of its MF AUM from investors in the age group of 58 and above.
Mizoram and Maharashtra are next in the rankings with 40% and 39% share of their MF assets contributed by these investors.
Here is a list of shares of investors above 58 in MF AUM of all states and UTs:
|
State |
Above 58 |
|
Goa |
43.5 |
|
Andaman and Nicobar Islands |
42.3 |
|
New Delhi |
41.0 |
|
Mizoram |
39.6 |
|
Maharashtra |
39.0 |
|
Puducherry |
38.5 |
|
Chandigarh |
38.2 |
|
Tamil Nadu |
37.7 |
|
Sikkim |
37.3 |
|
West Bengal |
36.9 |
|
Tripura |
35.7 |
|
Kerala |
35.1 |
|
Assam |
35.0 |
|
Gujarat |
34.8 |
|
Meghalaya |
34.6 |
|
Odisha |
34.6 |
|
Chhattisgarh |
34.4 |
|
Jharkhand |
34.0 |
|
Madhya Pradesh |
33.2 |
|
Karnataka |
32.9 |
|
Uttarakhand |
32.8 |
|
Telangana |
32.0 |
|
Haryana |
31.8 |
|
Punjab |
31.7 |
|
Uttar Pradesh |
31.4 |
|
Nagaland |
31.3 |
|
Himachal Pradesh |
31.0 |
|
Rajasthan |
30.0 |
|
Manipur |
29.7 |
|
Daman and Diu |
29.6 |
|
Jammu and Kashmir |
29.2 |
|
Andhra Pradesh |
28.5 |
|
Bihar |
27.3 |
|
Dadra and Nagar Haveli |
18.5 |
|
Arunachal Pradesh |
15.8 |
|
Lakshadweep |
13.3 |
