Post-Pandemic Retail Momentum Drives Mutual Fund Assets Under Custody To Rs 71 Lakh Crore (Photo: Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The assets under custody of India's mutual fund industry rose to Rs 70.9 lakh crore during the month of October, according to NSDL data. This notes a remarkable rise from Rs 58.5 lakh crore in January this year.

The assets under custody have seen a notable spike after the pandemic. In the span of eight years, AUC has risen from Rs 19.3 lakh crore in 2017 to Rs 44.05 lakh crore in 2023. Assets under custody saw a notable jump during December 2024 when the industry’s asset under custody rose to Rs 59.35 lakh crore.

Retail investors have also contributed to the growth as the systematic investment plans or SIPs grew the a

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