The assets under management (AUM) of the Indian mutual fund industry grew by 22.25% YoY in March 2025 to reach the Rs 70 trillion mark.

The AUM of open-ended other schemes witnessed the highest YoY growth of 23.80% in April 2025, followed closely by open-ended equity schemes (23.57%) and hybrid schemes (20.74%). Other schemes comprise index funds, ETFs and FoF investing overseas, according to data from the Association of Mutual Funds in India (AMFI).

Within index funds and ETF space, Gold ETF schemes grew 87.33% YoY in April 2025 to Rs 61,422 crore, followed by a modest 31% growth in index funds over the same period to Rs 2,92,206 crore, according to a release by ICRA Analytics

In the equity category, AUM of sectoral/thematic funds witnessed the highest YoY growth of 49.94% followed by multi cap funds which grew 35.79%. In the debt segment, AUM of the long duration scheme category rose 58.14% YoY, followed by money market (44.79%) and ultra short duration (32.78%) categories.