Maharashtra remains India’s largest mutual fund market with ₹32,39,486 crore in AUM, representing 40.4% of national assets, AMFI said. Within the state, Pune has emerged as a major contributor, managing ₹3,13,238 crore and ranking fourth among Indian cities.
The city has close to 80 lakh mutual fund folios, underlining strong retail participation. SIP adoption remains robust across Maharashtra, with 2.10 crore SIP folios and ₹4,50,382.60 crore in SIP AUM.
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.”
The state also reports 1,06,23,417 unique investors, with women accounting for over 30% — significantly higher than the national average.
With 86,680 ARN holders across Maharashtra, including over 10,000 in Pune, the advisory ecosystem continues to expand investor access. AMFI reiterated the importance of long-term asset allocation and SIP-based investing in building financial resilience.
