India’s mutual fund industry continued to expand steadily as total assets under management reached US$798.25 billion or Rs 67,09,259 crore in September, rising 0.58 percent month on month. Equity mutual funds led the growth with a 3.37 percent expansion, signaling improving retail participation. HDFC AMC launched its India Consumption Fund focused on long-term domestic demand trends up to 2030 , while sectoral and hybrid funds also saw rising investor interest.