Delhi beats Maharashtra to the No. 1 spot for Mutual Fund investment, UP and Bihar are eliminated
Suspense Crime, Digital Desk : As nowadays, most people invest in Mutual Funds instead of directly in the stock market; more investors are getting involved in the mutual fund market steadily. Mutual funds are now invested by all kinds of people from different states. But which state invests how much in mutual funds relative to its Gross State Domestic Product (GSDP)?
In this article today we will learn about just this; the 10 states that invest the most in mutual funds according to GSDP.
Let's have a look at the Mutual Funds data first: As per data by the Association of Mutual Funds in India, The Indian mutual fund industry witnessed sharp monthly rebound of 11.1% in April 2026, with total assets under management (AUM) of the sector rising from 73.73 lakh crore in March 2026 to 81.92 lakh crore. The gain was attributed to rise in investor confidence on account of expectations of declining geopolitical tensions. On a year-on-year basis, total assets under management(AUM) of the industry increased by 17% to 70 lakh crore in April 2025 compared to April 2025.
Delhiites are the king:
Delhi tops the chart for mutual fund investment as per Gross State Domestic Product (GDP) it invests 176% of its GDP in the mutual fund market. After Delhi, it is Maharashtra that is next to the top with 118% of its GSDP invested in Mutual Funds.
Then Goa follows at 66% of its GSDP, after Goa Chandigarh at 66% and West Bengal at number 5 is investing 43% of its GSDP. Uttar Pradesh and Bihar are nowhere on the top 10 list. Karnataka is next with 37%, Gujarat is at number 7 with 35%, Jharkhand at 8th position with 35% invest while Telangana at 9th place with 23% of its GSDP and Tamil Nadu at 10th spot with 21%. Whilst Uttar Pradesh and Bihar are missing, Jharkhand does not make it to the list.
How much is the investor betting on which scheme:
An individual investor i.e. The retail investors and the HNIs account for 90.6% of the equity-oriented schemes and 78.7% of the hybrid schemes as on April 2026, on the contrary the institutional investor which primarily include the financial institutions and corporations held the largest stake in the debt-oriented and the other schemes i.e. 79.4% and 68.2% respectively. While niche solution oriented scheme had almost entire share of 99.8% held by the individual investor.
