Mutual Funds: Average AUM Per Retail Folio Stands At ₹1.92 Lakh

AMFI data reveals steady growth in retail mutual fund participation, with average assets under management (AUM) per folio reaching ₹1.92 lakh in December 2025. 

Retail Segment Growth 

Retail investors' average AUM per folio increased to ₹1.92 lakh in December 2025, marking a 2.13% year-on-year (YoY) rise. This recovery followed a 1.57% dip to ₹1.88 lakh in 2024, attributed to temporary market consolidation.  

The 2025 growth reflects renewed confidence after a strong 14.37% surge in 2023 (₹1.91 lakh), rebounding from 2022's market-driven decline to ₹1.67 lakh. 

Industry-Wide Performance 

The mutual fund industry's average AUM per folio climbed to ₹3.07 lakh in December 2025, up 3.37% YoY from ₹2.97 lakh in 2024.  

This reversed a 3.57% decline in 2024, following robust 8.83% growth in 2023 (₹3.08 lakh). The 2022 average (₹2.83 lakh) reflected market volatility, down 9.87% from 2021's ₹3.14 lakh. 

Historical Trends 

Retail averages have shown resilience: ₹1.78 lakh (2021), ₹1.67 lakh (2022), ₹1.91 lakh (2023), ₹1.88 lakh (2024), and ₹1.92 lakh (2025). Industry-wide figures tracked similarly: ₹3.14 lakh (2021), ₹2.83 lakh (2022), ₹3.08 lakh (2023), ₹2.97 lakh (2024), and ₹3.07 lakh (2025). 

Read More: Mutual Funds Industry Records Over 7 Million Folios in January! 

Conclusion 

December 2025 data confirms retail mutual fund investors' stabilizing influence, with average folio AUM reaching ₹1.92 lakh. The industry-wide average of ₹3.07 lakh reflects broader market recovery and institutional strength, demonstrating India's mutual fund sector's resilience and growth trajectory. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.