In 2024, the Indian mutual fund industry continued its upward trajectory, driven by the consistent growth of Indian equities that attracted retail investors. This made mutual funds the preferred choice for wealth creation and long-term financial planning. By November 2024, the industry’s Assets Under Management (AUM) crossed the ₹68 lakh crore mark for the first time, reaching ₹68.08 lakh crore—an increase of 34% compared to ₹50.78 lakh crore in December 2023.
In the hybrid fund category, a 40% decline in inflows into arbitrage funds led to a decrease in overall hybrid fund flows, which totalled ₹4,163 crore in November 2024, down from ₹16,863 crore in October 2024.
Amid the rise of the Indian Mutual Fund industry, we’re excited to share the most bought Hybrid SIPs on Angel One in 2024.
| Scheme | AUM (₹ Crore) | NAV (₹) |
| HDFC Balanced Advantage Fund | 95,569.87 | 541.4 |
| ICICI Prudential Equity and Debt Fund | 40,089.04 | 404.41 |
| ICICI Prudential Balanced Advantage Fund | 60,534.08 | 77.42 |
| ICICI Prudential Multi-Asset Fund | 50,987.95 | 763.22 |
| TATA Balanced Advantage Fund | 10,258.19 | 21.97 |
| Quant Multi Asset Fund | 3,152.6 | 144.71 |
| Kotak Equity Hybrid Fund | 6,815.47 | 72.11 |
| SBI Equity Hybrid Fund | 72,428.38 | 307.21 |
| ICICI Prudential Regular Savings Fund | 3,201.03 | 79.14 |
| Kotak Debt Hybrid Fund | 3,034.62 | 65.2 |
Source: Angel One
Note: NAV and AUM data taken as of December 19, 2024.
Criteria: Most bought Hybrid SIPs are listed based on the count of orders received from January 1 to December 19, 2024. These are provided only for informational purposes.
It is important to note that the above schemes are the most invested ones on Angel One. These are not recommendations.
You should do your own research before investing in stocks and mutual funds. Consider your financial goals, risk appetite, etc. or consult a financial advisor.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.
The securities/scrip mentioned are for informational purposes only and not for recommendation.
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
