As they say, the proof of the pudding is in the eating. Upon examining the investing data of mutual funds shows the breakneck pace with which retail investors’ exposure to equity is growing. The total assets under management have also witnessed a rapid increase.
Total assets managed by the mutual fund industry rose from ₹39.53 trillion in August 2022 to ₹46.94 trillion in Aug 2023 (see bar chart below), indicating an 18.72 percent increase, shows the data revealed by Association of Mutual Funds in India (AMFI).