What is the total mutual fund AUM in India?

Indian mutual funds managed ₹82.64 lakh crore at the end of September 2026, according to AMFI. That was 5.1% less than the ₹87.08 lakh crore at the end of August, mainly because of market losses and outflows from debt funds. Assets were still 12.1% higher than at the end of March 2026 (₹73.73 lakh crore).

Source · AMFI, figure for September 2026 · checked

Mar 2026: 73.73 ₹ lakh crore73.73Mar 2026 Apr 2026: 81.92 ₹ lakh crore May 2026: 81.58 ₹ lakh croreMay 2026 Jun 2026: 82.22 ₹ lakh crore Jul 2026: 85.76 ₹ lakh croreJul 2026 Aug 2026: 87.08 ₹ lakh crore Sep 2026: 82.64 ₹ lakh crore82.64Sep 2026
Mutual fund assets at month-end (₹ lakh crore)

History

PeriodValue (₹ lakh crore)
Sep 202682.64
Aug 202687.08
Jul 202685.76
Jun 202682.22
May 202681.58
Apr 202681.92
Mar 202673.73
₹82.64 lakh crore
mutual fund assets under management (month-end) · 30 September 2026
Range
₹82.64 lakh crore at month-end; ₹87.09 lakh crore September average
Confidence
High: an official count
Last checked

AMFI reports both the month-end net AUM and the average for the month. The month-end figure moves with share and bond prices: it fell 5.1% in September 2026 because of market losses and debt fund outflows.

The figures side by side

MeasureFigureSource
Net AUM, end of September 2026₹82.64 lakh croreAMFI, Sep 2026
Net AUM, end of August 2026₹87.08 lakh croreAMFI, Aug 2026
Average AUM, September 2026₹87.09 lakh croreAMFI, Sep 2026
Net AUM, end of March 2026₹73.73 lakh croreAMFI via IANS, Apr 2026
Folios, end of September 202628,62,31,680AMFI, Sep 2026
SIP assets, end of September 2026₹17.86 lakh croreAMFI monthly note, Sep 2026

How we got this number

  1. Take the Grand Total row of AMFI's monthly industry report: net assets under management of ₹82,64,116.63 crore on 30 September 2026, which is ₹82.64 lakh crore.
  2. Cross-check with AMFI's monthly note (₹82.64 lakh crore, down 5.1% on the month) and a news report of the same data.
  3. Build the history from the Grand Total row of AMFI's report for each month-end since March 2026, converting crore to lakh crore.

What this number does not tell you

  • AUM is the market value of what the funds hold. It rises and falls with share and bond prices, not only with new money.
  • Debt fund assets swing around tax dates, when companies pull cash out: debt funds saw ₹1.83 lakh crore of net outflows in September 2026.
  • Domestic fund-of-funds are not counted twice: AMFI shows them for information only, because their money is already in the underlying schemes.

Sources

  1. AMFI monthly report, September 2026 (industry Grand Total), September 30, 2026 — Grand Total columns: schemes, folios, funds mobilised, redemptions, net flow, net AUM, average AUM (₹ crore). Text taken from the PDF.Net Assets Under Management as on September 30, 2026 (INR in crore) ... Grand Total 1,995 28,62,31,680 15,25,156.49 16,58,532.05 -1,33,375.57 82,64,116.63 87,09,182.16 ... ** Data in respect Fund of Funds Domestic is shown for information only. The same is included in the respective underlying schemes.
  2. AMFI monthly report, August 2026 (industry Grand Total), August 31, 2026Net Assets Under Management as on August 31, 2026 (INR in crore) ... Grand Total 1,985 28,35,19,085 14,09,425.16 13,68,071.56 41,353.60 87,07,887.74 88,30,776.45
  3. AMFI monthly note, September 2026 (AMFI and Crisil Intelligence), September 2026 — Text taken from the PDF; spacing normalised. The last sentence is about SIP assets.Assets under management (AUM) of the mutual fund (MF) industry rose 12.1% in first half of FY27 ... MF AUM declined 5.1% in September ... to Rs 82.64 lakh crore during the month due to MTM losses and net outflows mainly in debt funds. ... reaching Rs 17.86 lakh crore, which constitutes around 21.6% of the industry's total Assets Under Management (AUM).
  4. AMFI data reported by Angel One, 12 October 2026The mutual fund industry's total assets under management fell to ₹82.64 lakh crore on September 30, compared with ₹87.08 lakh crore at the end of August. This was a decline of around 5.1%. Debt mutual funds recorded net outflows of ₹1.83 lakh crore during September.
  5. AMFI data reported by IANS, 13 April 2026 — the March 2026 month-end figure; AMFI's March 2026 report Grand Total is 73,73,376.98 croreThe domestic mutual fund industry closed FY26 with assets under management (AUM) rising 12.2 per cent to Rs 73.73 lakh crore, adding Rs 8 lakh crore to its asset base over the year

Worked out by us: 81.92 (₹ lakh crore at April 30, 2026: AMFI monthly report https://portal.amfiindia.com/spages/amapr2026repo.pdf, Grand Total net AUM 81,92,387.69 crore ÷ 1,00,000); 81.58 (₹ lakh crore at May 31, 2026: AMFI monthly report https://portal.amfiindia.com/spages/ammay2026repo.pdf, Grand Total net AUM 81,58,341.65 crore ÷ 1,00,000); 82.22 (₹ lakh crore at June 30, 2026: AMFI monthly report https://portal.amfiindia.com/spages/amjun2026repo.pdf, Grand Total net AUM 82,22,480.04 crore ÷ 1,00,000); 85.76 (₹ lakh crore at July 31, 2026: AMFI monthly report https://portal.amfiindia.com/spages/amjul2026repo.pdf, Grand Total net AUM 85,75,656.52 crore ÷ 1,00,000); 87.09 (average AUM for September 2026 in ₹ lakh crore: AMFI Grand Total average net AUM 87,09,182.16 crore ÷ 1,00,000).

Questions people ask

What is the AUM of the mutual fund industry in India?

₹82.64 lakh crore at the end of September 2026, per AMFI.

Why did mutual fund AUM fall in September 2026?

Market losses and outflows from debt funds. AUM fell 5.1% from ₹87.08 lakh crore at the end of August.

How many mutual fund folios are there in India?

AMFI counted 28,62,31,680 folios on 30 September 2026. A folio is one investor's account in one fund house, so one person can hold many.

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This figure is from AMFI's own release or a report quoting it. We recheck it monthly. If you have a newer or better source, send it to us.

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