India's MF AUM tops ₹85 lakh crore as equity inflows power ₹9.65 lakh crore yearly surge
India's mutual fund AUM hit a record ₹85.76 lakh crore in July 2026, up ₹9.65 lakh crore in a year, per AMFI data. Equity schemes (now ₹37.92 lakh crore) drove the gains as millennials shift savings from bank deposits into stocks, with equity funds posting a 65th straight month of inflows.