Equity MF assets jump 17% even amid market volatility; 71 lakh new investors added in 1 year : Franklin Templeton India MF

Indian mutual fund assets under management have surged. Equity funds saw a significant rise in assets and investor numbers. Flexicap funds led net sales, attracting substantial inflows. SIP flows doubled in under three years, reaching new highs. The industry's AUM grew substantially over the past decade, indicating strong investor confidence and growing participation in mutual funds.