8 Indian Cities Cross ₹1 Lakh Crore in Mutual Fund AUM: Where Does Your City Stand?

8 major Indian cities have crossed the ₹1,00,000 crore mark in mutual fund AUM, signalling deepening participation across metro hubs and key growth centres. The list features Mumbai, NCR, Bengaluru, Pune, Kolkata, Ahmedabad, Chennai and Hyderabad.

8 Cities Above ₹1 Lakh Crore AUM

Mumbai and NCR remain the largest mutual fund markets by absolute AUM, with Bengaluru, Pune and Kolkata forming a strong second tier in the metro cluster. Ahmedabad, Chennai and Hyderabad have also crossed ₹1,00,000 crore (₹1 lakh crore), reflecting broad-based growth across financial and tech corridors.

Top 5 Cities Contribution to India’s MF AUM

AMFI data indicates the top 5 cities contribute 52.7% of India’s MF AUM, with Mumbai at 27.60%, NCR at 12.25%, Bengaluru at 5.43%, Pune at 3.97% and Kolkata at 3.45% as of March 2025. This underscores the concentration of assets in leading urban centres. 

City Rankings and Shares: Mumbai Leads 

Mumbai holds the highest AUM among all cities, followed by Delhi NCR and Bengaluru, with Pune and Kolkata completing the top 5 by industry share. Ahmedabad, Chennai and Hyderabad strengthen the roster of cities above ₹1,00,000 crore (₹1 lakh crore), supported by rising investor bases and SIP adoption.

Previous snapshots also showed similar leadership, highlighting consistency in city-wise dominance through FY 2024 and FY 2025. This continuity suggests stable investor participation patterns across metros.

Read More: Who Are the Top Passive Players in Indian Mutual Funds? SBI Mutual Fund, Nippon on Top!

Why This Milestone Matters

The crossing of ₹1,00,000 crore (₹1 lakh crore) by 8 cities demonstrates scale, liquidity and depth in India’s mutual fund ecosystem, anchored by metro financial centres. It also sets the stage for broader expansion into next-tier markets as household savings increasingly move into managed products.

Conclusion

With Mumbai, NCR, Bengaluru, Pune, Kolkata, Ahmedabad, Chennai and Hyderabad each above ₹1,00,000 crore (₹1 lakh crore) in AUM, India’s mutual fund landscape shows concentrated yet expanding strength across leading cities. The distribution aligns with AMFI’s city-wise shares, reinforcing metro-led participation.

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