Pune: The Maharashtra Mutual Fund AUM story continues to strengthen as Association of Mutual Funds in India (AMFI) highlighted Pune’s growing contribution to the state’s investment ecosystem.
Maharashtra remains India’s leading mutual fund state with assets under management (AUM) of ₹32,39,486 crore as of December 2025, accounting for 40.4% of India’s total AUM of ₹80,23,379 crore.
Within the state, Mumbai continues to dominate with ₹24,08,602 crore in AUM, contributing 74.4% of Maharashtra’s total and ranking as the top city nationally in terms of AUM.
Pune has emerged as a key investment hub with an AUM of ₹3,13,238 crore, contributing 9.7% of the state’s total AUM and ranking as the fourth-highest city in the country in terms of AUM.
Maharashtra Mutual Fund AUM: Pune’s Expanding Retail Participation
Pune is home to 79,65,702 mutual fund folios, reflecting strong retail participation. At the state level, Maharashtra accounts for a total of 6,01,02,031 folios with total AUM of ₹32,39,485.83 crore.
Maharashtra Mutual Fund AUM: Break-up (December 2025):
- Individual Investors:
- Folio Count: 5,96,22,702
- AUM: ₹14,42,200.04 crore
- Institutional Investors:
- Folio Count: 4,79,329
- AUM: ₹17,97,285.79 crore
India overall has 26,12,53,836 total folios with AUM of ₹80,23,379.00 crore. Maharashtra contributes 23.0% of India’s total folios and 40.4% of the country’s AUM.
Maharashtra Mutual Fund AUM: SIP Participation Strengthens
Systematic Investment Plans (SIPs) continue to anchor disciplined investing across the state.
- Maharashtra SIP Folios: 2,10,11,875
- 35% of total state folios
- Nearly 21% of India’s total SIP folios
- India SIP Folios: 10,10,72,572
SIP AUM (December 2025):
- Maharashtra: ₹4,50,382.60 crore
- 14% of the state’s total AUM
- 27% of India’s SIP AUM
- India: ₹16,63,368.77 crore
This indicates strong adoption of systematic investing among households across Maharashtra, including Pune.
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Maharashtra Mutual Fund AUM: Growing Base of Unique and Women Investors
Investor inclusion is expanding steadily:
- Maharashtra Unique Investors (PAN/PEKRN): 1,06,23,417
- Women Investors: 32,33,215
- Women Participation: 30.4%
- India Unique Investors: 5,84,11,983
- Women Participation: 26.3%
Maharashtra’s women investor participation is significantly higher than the national average.
Maharashtra Mutual Fund AUM: Strong Distribution Network
As of December 31, 2025, Maharashtra has 46,320 ARN holders (distributors), including:
- Individual: 44,848
- Senior Citizen: 1,471
- New Cadre: 1
Gender-wise break-up:
- Male: 34,177
- Female: 12,143
Maharashtra Mutual Fund AUM: City-wise AUM and folio presence
- Mumbai
- Pune
- Nagpur
- Nasik
- Chhatrapati Sambhaji Nagar
Department of Posts Partners with AMFI
In a significant move to deepen financial inclusion, the Department of Posts (DoP), under the Ministry of Communications, Government of India, has partnered with AMFI to expand access to mutual fund investments through India Post’s nationwide network.
Under this collaboration, post offices will act as distribution points for mutual fund products, enabling citizens – especially in rural and semi-urban regions – to participate more easily in formal investment avenues.
By combining the credibility and last-mile reach of India Post with the expertise of the mutual fund industry, the initiative seeks to deepen financial inclusion and bring more households into the investment ecosystem.
Maharashtra Mutual Fund AUM: Pune’s Growth Story
Commenting on the state’s outlook, Venkat Chalasani, Chief Executive, AMFI, said: “Pune represents the next phase of India’s mutual fund growth story. The city’s strong economic fundamentals, entrepreneurial culture, and growing salaried class provide fertile ground for long-term investing.
Mutual funds offer diversification, professional management, and transparency – enabling investors to transition from traditional savings to structured wealth creation. Our effort is to ensure that every investor participates with awareness, discipline, and a long-term perspective.”
