Number of complaints in MF industry drops 40%

TRUST DEEPENS

- KUSHAN SHAH

IN A CLEAR sign of the mutual fund industry attaining maturity, the number of folios has been rising at a fast clip while complaints have declined by over 40% year-on-year.

According to data from the Association of Mutual Funds in India (Amfi), the number of complaints has gone down from 1,379 in January 2025 to 784 in January 2026, marking a 43.15% reduction.

Venkat Chalasani, chief executive at Amfi, said: “The mutual fund industry has steadily strengthened investor servicing through deeper digitisation, tighter compliance, and more robust grievance redressal mechanisms.”