Kolkata: Women are increasingly accounting for a bigger share of the mutual fund pie in the country, the recently published annual report of AMFI (Association of Mutual Funds in India). At the end of the last financial year FY25, the MF industry had recorded a total of 5,34,20,840 unique investors and of this number as many as 1,38,40,740, or 25.91% were women. The comparable share of women investors in FY24 was 24.2%.
Revealing this jump in women investors in mutual funds, AMFI said, “This represents a marked increase from 24.2% in March 2024, underscoring the growing financial independence and awareness among women. The rise in literacy rates and the growing presence of women in the workforce have been instrumental in enhancing their economic contributions and, as a result, women are now emerging as a key participant in the MF investor base.”
How much MF AUM comes from top cities?
Significantly, AMFI has also observed that the country’s top cities seem to have a disproportionate share of the investments in the mutual fund industry. In fact, more than half of the mutual fund’s AUM is concentrated in the top five cities. This information was also mentioned in the annual report of AMFI.
These top cities are Mumbai, New Delhi, Bengaluru, Pune and Kolkata. These cities account for as much as 52.52% of India’s MF AUM. What’s more interesting is that Mumbai alone accounted for 27% of the country’s mutual fund AUM. The other cities in this list are New Delhi 12.63%, Bengaluru 5.39%, Pune 4% and Kolkata 3.49%. AMFI has also said that this geographical distribution is in line with what was seen in FY24.
Folio count surges
There was a substantial rise in the number of mutual fund folios in FY25. While the total number of folios stood at 17,78,56,760 in FY24, it jumped to 23,45,08,071 in FY25, registering a rise of 32%. According to the data revealed by AMFI, “Equity scheme folios continue to constitute a lion share of the folios, at 70%. The folios of hybrid schemes also increased a notable 10.1% to 1,56,67,477, while other schemes, including Index funds and exchanged-traded funds (ETFs), surged 48.3% to 4,14,72,421 folios,” wrote AMFI. The folios in In contrast, Income/debt-oriented scheme folios declined 3% to reach 69,49,759.
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There has been a significant rise in women investing in mutual funds in India. This is coinciding with the financial empowerment of women in the country. Also find out how much of the mutual fund industry AUM was accounted for by the top cities of India. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
