Mutual Fund Assets Cross ₹64 Lakh Crore As SIP Flows Hit Record High

India’s mutual fund industry achieved a new milestone as total assets under management surpassed ₹64 lakh crore for the first time, supported by steady inflows through systematic investment plans. Monthly SIP collections rose 13% sequentially to ₹20,956 crore, indicating consistent retail participation despite intermittent market volatility. Analysts attributed growth to digital distribution, higher financial awareness, and tax-efficient long-term savings options. Equity-oriented schemes led inflows, while hybrid and debt categories witnessed marginal moderation. Fund managers expect continued expansion with household financialization gaining momentum across urban and semi-urban segments.