AUM on WebNotes

AUM categorisation

Tue, 19 May 2026 00:00:00 +0000

AUM categorisation refers to the bucketing of mutual fund schemes by Assets Under Management (AUM) size, used by AMFI, industry analysts, and investors for comparative analysis, risk assessment, and capability evaluation. Indian mutual fund schemes span from small newly-launched schemes (~Rs 100 crore AUM) to flagship schemes managing Rs 50,000+ crore. The size band influences scheme behaviour, liquidity, manager flexibility, and operational characteristics.

For Indian retail investors, AUM size is a meaningful but not decisive factor in scheme selection. Larger schemes are not inherently superior, but size correlates with:

How to read PPFAS AUM and net-flow data

Sun, 17 May 2026 00:00:00 +0000

PPFCF crossed Rs 1 lakh crore in AUM in late 2025, the first active equity mutual fund in India to reach that mark. The number is striking because PPFAS has consistently stated and demonstrated a no-chase-for-AUM philosophy: no aggressive distributor commissions, no banner advertising during peak market phases, no scheme proliferation timed to capture flows. The AUM grew anyway, mostly through retained existing investors topping up and word-of-mouth flow rather than aggressive acquisition. Reading AUM and flow data on PPFAS is therefore as much about confirming this dynamic as about scale: the month-on-month decomposition into market-effect (NAV appreciation) versus flow-effect (net inflows) matters more than the headline.

PPFAS stance on not chasing AUM

Sat, 16 May 2026 00:00:00 +0000

The PPFAS stance on not chasing AUM is a publicly articulated and operationally demonstrated principle by which PPFAS Mutual Fund and its investment manager PPFAS Asset Management Private Limited decline to pursue assets under management growth as a primary corporate objective, in contrast to the prevailing industry norm at most large Indian asset managers. The stance manifests in a deliberately small scheme portfolio of seven active funds, a selective and infrequent New Fund Offer calendar averaging roughly one launch every two years, a willingness to restrict or suspend inflows when capacity is reached or when valuations are unattractive, and a publicly stated orientation toward long-term unit-holder outcomes rather than short-term AUM-growth-maximisation.

AMFI industry composition report

Tue, 12 May 2026 00:00:00 +0000

The AMFI industry composition report is a structured breakdown of total mutual fund assets under management (AUM) in India by scheme category, published by the Association of Mutual Funds in India (AMFI) as part of its monthly industry statistics release. The report allows analysts, researchers, regulators, and financial media to understand how the total industry AUM is distributed across the major categories defined by SEBI ’s 2017 scheme categorisation and rationalisation circular.

SEBI’s scheme categorisation framework

In October 2017, SEBI issued a landmark circular (SEBI/HO/IMD/DF3/CIR/P/2017/114) that mandated a comprehensive rationalisation and standardisation of mutual fund scheme categories across the industry. Before this circular, AMCs used inconsistent category names and definitions, making like-for-like comparisons difficult. The 2017 circular defined 36 specific scheme categories across five broad groups, each with a prescribed investment mandate:

AMFI monthly AUM data

Tue, 12 May 2026 00:00:00 +0000

The AMFI monthly AUM data refers to the comprehensive set of assets under management (AUM) statistics that the Association of Mutual Funds in India (AMFI) publishes every month for the Indian mutual fund industry. Released within two to three working days of each month-end, the data provides a scheme-level, AMC-level, and category-level breakdown of AUM for all SEBI -registered open-ended and close-ended mutual fund schemes in India. The AMFI monthly AUM release is the single most widely cited data point in Indian personal finance and investment media.

Mutual Fund AUM Growth in India (2000 to 2026)

Tue, 12 May 2026 00:00:00 +0000

Mutual fund assets under management (AUM) in India grew from approximately Rs 93,000 crore in March 2000 to over Rs 67 lakh crore by March 2025, a compound annual growth rate (CAGR) of approximately 19% over 25 years. This trajectory, tracked monthly by the Association of Mutual Funds in India (AMFI) , reflects the cumulative effect of equity market appreciation, systematic inflows through SIPs , a doubling of the investor base, and regulatory interventions that improved product transparency and reduced distribution costs.