Archive · 23 Sep 2025
Maharashtra Leads Mutual Fund Investments; Other States Rise
Imagine a big pot of money managed by mutual funds, like a giant piggy bank where lots of people put their money.
In August 2025, this money grew, but not as much as before.
Maharashtra had the biggest share, like having the most coins in the piggy bank.
Some smaller places, like Dadra and Nagar Haveli, saw their piggy bank grow really fast, while Lakshadweep's shrank.
The data shows where people are investing their money.
The mutual fund industry's AAUM grew by 16.16% year-on-year in August 2025.
AAUM decreased by 0.38% month-on-month.
Maharashtra accounted for 40.59% of total AAUM.
The top five states contributed 68% of the industry's total AAUM.
Dadra and Nagar Haveli had the highest YoY growth in AAUM (49.36%).
- Who
- The domestic mutual fund industry
- What
- Saw its Average Assets Under Management (AAUM) grow
- When
- August 2025
- Where
- Across various states and union territories in India
- Why
- Data analysis provided by ICRA Analytics.
- AAUM Growth (YoY)
- 16.16%
- AAUM Growth (MoM)
- -0.38%
- Top State (AAUM %)
- Maharashtra (40.59%)
- Top 5 States (AAUM %)
- 68%
- Fastest Growing Region (YoY)
- Dadra and Nagar Haveli (49.36%)
- Region with AAUM Decline
- Lakshadweep (-41.92% YoY)