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Riding high on strong inflows from domestic individual investors, the MF ind AUM grew by 24% CAGR over the last 5 yrs, with Equity AUM growing by 39% CAGR. The individual investors AUM has grown from 3.93 Lakh Cr in March 2014 to 13.54 Lakh Cr in March 2019, a growth of 28% CAGR.
Over the same period, the number of individual folios have increased from 3.92 Crore to 8.21 Crore. Net inflows into the industry over the past 5 fiscal years were Rs.9.62Lakh Crore, of which Rs.6.61 Lakh Crore have been in equity-oriented schemes.
A major game changer for the domestic MF industry has been the acceptance SIPs. The monthly SIP flows grew 2.5 times from April 2016 to Rs. 8,055 Crore in March 2019. The number of SIP transactions processed in March 2019 was 2.62 Cr as compared to 1.01 Cr in April 2016.
