The total industry assets under management (AUM) crossed 66.7 lakh
crore in March 2025 as compared to 55.0 lakh crore in the previous financial year,
thereby reflecting a clear sustained investor trust and continued market participation
across retail and institutional segments.
Dear Stakeholders,
It gives me an immense pleasure to write to you as part of the Annual
Report for the financial year 2024-25, a year that has been both transformative and
encouraging for the mutual fund industry in India. The growth of the industry has been
driven by several factors including more investor participation, enhanced digital
adoption, and increased financial awareness. changes also create a strong foundation for
investor confidence by bringing the investors to the market. This period also demonstrated
remarkable resilience of our financial ecosystem but also highlighted the growing maturity
and confidence of Indian investors.
Mutual Fund Industry: A Year of Strong Growth
The financial year 2024-25 has been a landmark for the mutual fund
industry. The total assets under management (AUM) crossed 66.7 lakh crore in March 2025 as
compared to 55.0 lakh crore in the previous financial year, thereby reflecting a clear
sustained investor trust and continued market participation across retail and
institutional segments. In addition, mark-to-market (MTM) gains provided a supplementary
boost, underpinned by positive performance in equity market. SIP inflows reached new
highs, with yearly contributions increasing 45.24% on-year in fiscal 2025 to 2.89 lakh
crore, reflecting the growing acceptance of disciplined, long-term investing among
individuals.
This growth has been driven by several key factors including a
favourable macroeconomic indicator, increasing digitisation and ease of access, rising
financial literacy and awareness, product innovation and investor-friendly regulations.
The investor base has also expanded significantly, with the number of unique mutual fund
folios now exceeding 23.5 crore. This is evidence to the successful efforts of the
industry, regulators, and financial intermediaries in promoting inclusive financial
participation.
Amidst this strong industry background, CAMS remained focussed on
delivering long-term value to its customers. Our strategy during the year was centred on
three core principles viz. responsible growth, customer-centric innovation, and
operational excellence. CAMS also strengthened the digital channels to ensure seamless and
secure customer experiences across platforms.
Regulatory Environment and Governance
The regulatory framework continues to evolve to ensure transparency,
accountability, and investor protection. The regulator's focus on simplifying
disclosures, enhancing governance standards, and curbing misleading practices aligns well
with our values. CAMS views these changes not as obligations but as opportunities to
strengthen trust and deepen our relationships with the Mutual Fund investors. The
governance framework remains robust, driven by ethical standards, risk controls, and an
unwavering focus on compliance with the laws of the land through various committees.
Sustainability Journey
During the year, CAMS continued to make progress on its sustainability
journey. Initiatives were taken to engage an external agency in assisting the company in
fixing a sustainability target, thus showing commitment towards Environment, Social and
Governance (ESG) aspect of its business. Building an understanding of sustainability and
ESG among the employees is a key focus area, with a view to embedding ESG in all relevant
areas of the Company's operations.
The Company has met its Corporate Social Responsibility (CSR)
commitments during the year. The initiatives undertaken by the company were in the areas
of education, healthcare and environment and the projects were undertaken across the
country.
The Road Ahead
Looking forward, we remain optimistic about the prospects for both the
industry and our organisation. India's economic fundamentals are strong, and
demographic trends continue to favour sustained growth in financial savings. As we
continue this journey, our priorities will be to strengthen our capabilities, expand our
services and create long-term value for all the stakeholders.
A Note of Gratitude
I would like to express my deepest gratitude to our investors,
employees, regulators, and shareholders. Your continued trust and support drive our
mission to help millions of investors achieve their financial goals through mutual fund
investments.
I thank our Board of Directors for their continued guidance and
oversight in upholding the highest levels of integrity.
Warm Regards,
Dinesh Kumar Mehrotra
Chairman