The asset base is distributed across 17 active schemes—eight equity, five debt, and four hybrid—along with five passive funds.
Of the total AUM, equity schemes accounted for ₹12,727 crore, debt for ₹11,520 crore, hybrid for ₹3,339 crore, and passive funds for ₹1,228 crore.
Investor participation remains concentrated in large cities, with about 67% of assets coming from the top five urban centres. The next ten cities contributed around 11%, while the remaining share came from smaller locations.
The milestone comes at a time when the mutual fund industry in India has seen a steady rise in retail participation through systematic investment plans (SIPs) and digital channels.
SIP inflows climbed to an all-time high of ₹29,361 crore in September, up 4% from ₹28,265 crore in August, according to AMFI data. The mutual fund industry’s total assets under management (AUM) rose to ₹75.61 lakh crore, while SIP AUM reached ₹15.52 lakh crore, accounting for 20.2% of the industry’s total assets.
Bajaj Finserv Asset Management, a subsidiary of Bajaj Finserv, began operations in 2023 and has since expanded its product range across equity, debt, and hybrid categories.
