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flag India's mutual fund assets surged by Rs 17 lakh crore in 2024, reaching a record Rs 68 lakh crore.

flag In 2024, India's mutual fund industry saw a significant boost, with assets increasing by Rs 17 lakh crore, reaching an all-time high of Rs 68 lakh crore. flag This growth, driven by strong equity markets and economic performance, included a net inflow of Rs 9.14 lakh crore and increased investor participation, notably through Systematic Investment Plans (SIPs) contributing Rs 2.4 lakh crore. flag Equity funds were key drivers, with SIPs and retail interest propelling a 33% rise in AUM from the previous year. flag Experts predict this trend to continue into 2025.

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