The mutual fund industry saw robust AUM growth during the quarter, driven by increasing traction in equity-oriented funds. According to AMFI data, the Indian mutual fund industry's assets under management (AUM) stood at INR 61.2 Tn as of June 30, 2024, a growth of 37.8% YoY/ 14.5% QoQ driven by the equity inflows and improving traction in SIPs.