Top 5 states contribute over 65% to total mutual fund industry AAUM in June 2025: ICRA Analytics

Maharashtra led mutual fund AAUM contributions with 40.61%, as five states together accounted for over 65% of the total. Nagaland saw the highest yearly AAUM growth at 100.57%, while equity-oriented schemes dominated in smaller regions like Ladakh and Lakshadweep.

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