Retail participation in mutual funds surge from 26% in FY19 to 28% in FY25: 1Lattice Report

India’s mutual fund AUM reached Rs 65 trillion in FY25, growing at 24% CAGR since FY20. Retail and HNI participation also rose, driven by fintech-led SIP adoption, equity fund outperformance, and expanding reach in Tier-2 and Tier-3 cities.

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