Figure: Mutual funds AUM (INR Tn)
Mutual fund AUM growth nearly doubled YoY to 32%, while UPl remains strong UPl transactions continue to scale, with Q3 witnessing seasonal Aggregate deposits and credit increased in Nov'25, driven Life premiums strengthened in Dec' 25, driven by individual non- single &t group single, alongside non-life acceleration 1.Mutual funds Assets Under Management (AUM) represented as recorded at end of every month shown. Mutual Funds AUM include investments from individuals (50.5%) & institutions Marine, Motor, Engineering, Health, Crop Insurance, Credit Guarantee, Aviation, Personal accident and Miscellaneous Source: DBIE, NPCl, IRDAl, AMFl, GIC, Life Insurance Council of