how many mutual funds are there in india

India's mutual fund industry has grown rapidly, with thousands of schemes available across various categories as of early 2026.

Latest Count

The exact total number of mutual fund schemes (often referred to as "mutual funds") in India fluctuates monthly due to launches, mergers, and closures regulated by SEBI. As of January 2026, public listings like ET Money show hundreds of active schemes across equity, debt, hybrid, and other categories, but no single authoritative count exceeds 2,000-3,000 when including all variants from 40+ AMCs. AMFI tracks folios (investor accounts) at 26.63 crore, not schemes directly.

Key Stats Overview

• Assets Under Management (AUM) : Reached ₹81.01 trillion by January 31, 2026, up from ₹77.14 trillion in September 2025.

• Growth Trend : AUM grew nine-fold since 2013, driven by equity (₹20+ lakh crore) and retail inflows.

• Folios : 26.63 crore total, with 20.43 crore in equity/hybrid schemes.

Metric| Value (Jan 2026)| Prior Milestone
---|---|---
AUM| ₹81.01 trillion 3| ₹72.20 trillion (May 2025) 5
Folios| 26.63 crore 3| 10 crore (May 2021) 3
Equity AUM| ~₹20-25 lakh crore 1| Significant retail shift 9

Category Breakdown

Schemes span:

• Equity : Large-cap, mid-cap, small-cap (highest growth).

• Debt : Liquid, corporate bond (~₹12 trillion AUM).

• Hybrid/Solution : Balanced advantage, retirement funds.

Platforms like Tata Moneyfy and ET Money list 1,000+ schemes for comparison.

Industry Trends

The sector is expanding, projected to double in five years with $900 billion AUM already. Reddit discussions question overcrowding, but inflows remain strong (5 lakh new folios in Jan 2026). SEBI rules enhance transparency amid digital adoption.

TL;DR : Over 2,000 schemes likely active; check AMFI or ET Money for real- time lists. AUM at ₹81T signals booming investor interest.

Information gathered from public forums or data available on the internet and portrayed here.