In July 2025, the Indian mutual fund industry saw unprecedented growth. Equity fund inflows surged 81% to ₹42,702 crore. Small-cap, mid-cap and large and mid-cap funds hit record inflows. Total AUM reached new high of ₹75.36 lakh crore and SIP contributions peaked at ₹28,464 crore. Debt funds rebounded with ₹1.07 lakh crore in inflows and NFOs collected record ₹30,416 crore.