Global market volatility dents net inflows into equity-oriented schemes: AMFI

Data from the Association of Mutual Funds in India (AMFI) showed that the assets under management (AUM) of the Indian mutual fund industry grew on a year-on-year basis by 22.55 per cent in May 2025 to Rs 72.20 trillion, according to ICRA Analytics on Wednesday.

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The AUM of open-ended growth/equity-oriented schemes witnessed the highest YoY growth of 26.21 pc in May-25, closely followed by other open-ended schemes (24.45 pc) and hybrid schemes (22.12 pc). Other schemes comprise index funds, ETFs and FoF investing overseas.

Within the index funds and ETF space, the Gold ETF schemes grew 97.08 pc YoY in May-25 to Rs. 62,453 crore, followed by a modest growth of 30.95 pc in index funds over the same period to Rs. 3,00,811 crore.

Under the equity category, AUM of sectoral/thematic funds witnessed the maximum YoY growth of 45.99 pc, followed by multi-cap funds, which grew 40.37 pc.