Indian Mutual Fund Industry:
Average Investment per Folio at ₹3.07 Lakh
by Mr. Anantharaman S, Financial Professional
Key
Highlights
🔹
Retail Investors
·
Average AUM per folio
(December 2025): ₹1.92 lakh
·
Growth over 2024:
2.13%
·
2024
saw a marginal decline of −1.57%, indicating a temporary slowdown.
·
2023
recorded a strong recovery with a 14.37% increase.
·
2022
experienced a −6.18% decline due to market volatility.
·
2021
base level stood at ₹1.78 lakh.
Retail
Investors – Year-wise Details (AAUM in ₹ Lakh)
|
Year
(as of December) |
Average
AUM per Folio (₹ Lakh) |
Change |
%
Growth |
|
2025 |
1.92 |
0.04 |
2.13% |
|
2024 |
1.88 |
-0.03 |
-1.57% |
|
2023 |
1.91 |
0.24 |
14.37% |
|
2022 |
1.67 |
-0.11 |
-6.18% |
|
2021 |
1.78 |
NA |
NA |
The data indicates that despite short-term fluctuations,
retail participation remains resilient and continues to contribute to the
industry's expansion.
Overall Mutual Fund Industry
·
Average AUM per folio
(December 2025): ₹3.07 lakh
·
Growth over 2024:
3.37%
·
2024
recorded a −3.57% decline, marking a consolidation phase.
·
2023
saw a strong rebound with 8.83% growth.
·
2022
faced a significant −9.87% decline amid heightened market volatility.
·
2021
recorded a higher level at ₹3.14 lakh.
Industry-wide Folio –
Year-wise Details (AAUM in ₹ Lakh)
|
Year
(as of December) |
Average
AUM per Folio (₹ Lakh) |
Change |
%
Growth |
|
2025 |
3.07 |
0.10 |
3.37% |
|
2024 |
2.97 |
-0.11 |
-3.57% |
|
2023 |
3.08 |
0.25 |
8.83% |
|
2022 |
2.83 |
-0.31 |
-9.87% |
|
2021 |
3.14 |
NA |
NA |
Comparative Perspective
·
Retail Investors’
Average AUM:
₹1.92 lakh
·
Overall Industry
Average AUM:
₹3.07 lakh
The gap between retail and overall average AUM highlights
the higher contribution from High Net-worth Individuals (HNIs) and
institutional investors.
Over the long term,
as the number of investors continues to increase, the average AUM per folio is
likely to grow gradually rather than sharply. Despite minor year-to-year
fluctuations, the Indian mutual fund industry remains on a stable growth
trajectory. The sustained participation of retail investors clearly reflects
the strengthening mutual fund investment culture in India.
Anantharaman S, Financial Professional
Mr. Anantharaman
S has been reached at avs.anantharaman@gmail.com and 90037
45876
Mr. Anantharaman
S, Financial Professional with over 20+ years of experience in Asset Management
Company, Wealth Management, Retirement Planning, Investment Advisory and
Long-term Financial Solutions. Views are his personal.
