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    HomeNewsBusinessMarkets2024 in review: MFs witness growth in 2024; SIPs, Thematic and Passive on the rise

    2024 in review: MFs witness growth in 2024; SIPs, Thematic and Passive on the rise

    According to an ICRA note, the share of open-ended equity-oriented mutual funds in the total AUM increased to 44.59 percent, amounting to Rs 30.36 lakh crore in November 2024, up from 41.46 percent in November 2023.

    Anishaa Kumar
    December 26, 2024 / 13:59 IST
    The number of new SIPs registered increased to 49.47 lakh by the end of November 2024, compared to 30.80 lakh in November 2023, with SIP AUM reaching Rs 13.54 lakh crore in November 2024, up from Rs 9.31 lakh crore in 2023.
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