Pune Rises as India's Fourth Largest Mutual Fund Hub, AUM Surges to Rs 3.13 Lakh Crore

Pune, 13th February 2026: The Association of Mutual Funds in India (AMFI) today highlighted Pune’s growing role in Maharashtra’s mutual fund ecosystem, encouraging investors in the city to deepen their participation in mutual funds as a disciplined, long-term wealth creation vehicle.

According to AMFI, Maharashtra continues to lead India’s mutual fund industry 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, Pune has emerged as a key investment hub with an AUM of ₹3,13,238 crore, contributing 9.7% of Maharashtra’s total AUM and ranking as the fourth-highest city in the country in terms of AUM.

Pune is also home to 79,65,702 mutual fund folios, reflecting strong and broad-based retail participation. The city’s growing investor base mirrors Maharashtra’s wider leadership in financial participation, supported by a robust state economy that contributes 13.7% to India’s GDP (2024-25).

Systematic Investment Plans (SIPs) continue to anchor disciplined investing across the state. Maharashtra has 2,10,11,875 SIP folios, representing 35% of the state’s total folios and nearly 21% of the country’s SIP folios. SIP AUM in Maharashtra stands at ₹4,50,382.60 crore, contributing 27% of India’s total SIP AUM. This underscores the strong adoption of systematic investing among households in the state, including Pune.

Commenting on the state’s outlook, Mr. 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.”

Investor inclusion is also strengthening. Maharashtra accounts for 1,06,23,417 unique investors, of which 30.4% are women, significantly higher than the national average of 26.3%. This reflects rising financial awareness and growing participation among women investors.

Maharashtra also has a strong distribution network supporting investor access. As of December 31, 2025, the state has 86,680 ARN holders and associated employees, with Pune accounting for 10,496 of them, ensuring advisory and servicing reach across investor segments.

As India’s mutual fund industry continues to expand, AMFI reiterated that long-term participation, asset allocation discipline, and SIP-led investing remain critical to building financial resilience. For investors in Pune, the opportunity lies not just in saving, but in investing strategically to participate in India’s long-term growth story.