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17-Jan-2026

Domestic Asset Management Industry Sustains Growth Amid Moderating Equity Sales

India’s asset management sector continues to expand on the back of strong SIP inflows, increasing retail participation, and digital adoption, reflecting steady investor confidence and structural depth in the mutual fund ecosystem.


'HDFC Asset Management Company disseminated a presentation that addresses the trends for asset management in domestic market.

Equity net sales fell 24.20% YoY to Rs 1.18 billion in Q3 FY26 from Rs 1.57 trillion but remained positive leading to increase in Equity AUM in absolute terms. SIP accounts rose 18.37% to 97.9 million in Q3 FY26 from 82.7 million in Q3 FY25. SIP inflow spiked 16.98% YoY to Rs 310 billion in Q3 FY26 as compared to Rs 265 billion in the same period last year. As a result, SIP AUM grew 22.05% to Rs 16.6 trillion from Rs 13.6 trillion.

HDFC AMC’s Quarterly Average AUM increased by 17% to Rs 9,249 billion in the December quarter FY26 while market share remained broadly stable at 11.4–11.5% indicating that AUM expansion was driven primarily by industry-wide growth and sustained inflows, rather than market share gains. A similar trend is visible in Closing AUM, which rose 19% to Rs 9,206 billion in the same quarter. This parallel movement of QAAUM and Clo...



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