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India’s mutual fund AUM rose 21% in 2025 to ₹80.55 lakh crore from ₹66.66 lakh crore in December 2024. Passive funds led the surge with a 27% jump, driven by a massive 148% rise in Gold ETF AUM and strong growth in overseas FoFs and ETFs. Hybrid fund AUM grew 24%, led by multi-asset funds (up 52%). Debt fund AUM increased 23%, with money market and low-duration funds seeing major gains. Equity fund AUM rose 17%, with flexi-cap, multi-cap, and large & mid-cap funds leading growth.
The IPO of Gujarat Kidney & Super Speciality Hospital received an encouraging market response, recording an overall subscription of 5.21 times. Retail investors showed particularly strong interest with 19.04 times subscription, while the QIB segment was subscribed 1.06 times and the NII category 5.73 times as of December 24, 2025.
DSP AMC have launched NFO for DSP Nifty 500 Index Growth Direct Plan.
Index Returns
| Index | 1W | 1Y | 3Y | P/E | P/B |
|---|---|---|---|---|---|
| NIFTY 50 | 0.3% | 9.7% | 13.5% | 22.7 | 3.5 |
| NIFTY NEXT 50 | 0.9% | -0.3% | 19.1% | 20.1 | 3.6 |
| S&P BSE SENSEX | 0.1% | 8.4% | 8.9% | 23.5 | 4.6 |
| S&P BSE SMALLCAP | 1.0% | -6.5% | 21.8% | 32.4 | 3.6 |
| S&P BSE MIDCAP | 0.4% | 0.8% | 21.7% | 32.4 | 5.0 |
| NASDAQ 100 | 2.5% | 17.8% | 12.7% | 35.4 | 4.7 |
| S&P 500 | 2.3% | 14.8% | 10.4% | 31.3 | 5.6 |
Best Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Groww Silver ETF FoF | 16.5% | NA | NA |
| Tata Silver ETF FoF | 14.4% | 151.5% | NA |
| HDFC Silver ETF FoF | 14.3% | 143.9% | 45.9% |
| ICICI Pru Silver ETF FoF | 14.2% | 155.8% | 48.6% |
| UTI Silver ETF FoF | 13.9% | 154.2% | NA |
| ELSS Tax Saving Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal ELSS Tax Saver | 1.4% | -7.3% | 22.5% |
| ITI ELSS Tax Saver | 0.9% | 4.1% | 22.1% |
| Samco ELSS Tax Saver | 0.8% | -11.0% | NA |
| Mirae Asset ELSS Tax Saver | 0.6% | 10.0% | 19.8% |
| Canara Robeco ELSS Tax | 0.5% | 6.4% | 17.4% |
| Stocks (Market cap < Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Rail Vikas Nigam | 26.8% | -9.5% | 76.2% |
| Indian Railway Finance Corporation | 20.6% | -9.6% | NA |
| Shriram Finance | 10.4% | 66.5% | 37.0% |
| NMDC | 8.0% | 16.7% | 38.6% |
| Mahindra & Mahindra Financial Services | 7.9% | 53.4% | 18.8% |
Worst Performers
| Mutual Funds | 1W | 1Y | 3Y |
|---|---|---|---|
| Motilal Oswal Nifty Midsmall IT & Telecom Index Growth | -1.8% | -7.1% | NA |
| Motilal Oswal Midcap Growth | -1.4% | -8.7% | 28.3% |
| Motilal Oswal Business Cycle Growth | -1.3% | -0.6% | NA |
| Invesco India Technology Growth | 1.3% | -3.1% | NA |
| Motilal Oswal Multi Cap Growth | 1.2% | -0.7% | NA |
| Stocks (Market cap > Rs 50k Cr) | 1W | 1Y | 5Y |
|---|---|---|---|
| Coforge | -9.8% | -10.9% | 25.8% |
| Siemens Energy India | -7.6% | NA | NA |
| Dixon Technologies (India) | -7.3% | -31.1% | 37.1% |
| Swiggy | -4.6% | -31.0% | NA |
| LTIMindtree | -3.4% | 5.4% | 10.7% |
What Investors Bought
| Most Bought MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Parag Parikh Flexi Cap | 1.3% | 9.0% | 23.7% |
| SBI Gold | 3.0% | 77.7% | 34.6% |
| HDFC Flexicap | 0.9% | 12.0% | 23.2% |
| Tata Arbitrage | 0.2% | 7.2% | 7.8% |
| HDFC Silver ETF FoF | 8.9% | 143.9% | 45.9% |
What Investors Sold
| Most sold MF | 1W | 1Y | 3Y |
|---|---|---|---|
| Quant Small Cap | 1.0% | -1.8% | 24.8% |
| Edelweiss Arbitrage | 0.1% | 7.1% | 7.8% |
| Motilal Oswal Multi Cap | 0.0% | 0.4% | NA |
| Bank Of India Small Cap | 1.6% | -8.3% | 22.2% |
| Quant Infrastructure | 0.9% | -2.7% | 20.0% |
Most Watchlisted
Mutual Fund Watchlist | 1W | 1Y | 3Y |
|---|---|---|---|
| Axis Nifty 50 Index Growth Direct | 1.3% | 11.4% | 14.8% |
| Axis Small Cap Growth Direct | 2.0% | -0.1% | 20.9% |
| UTI Nifty Next 50 Index Growth Direct | 0.9% | 0.8% | 19.6% |
| Parag Parikh Flexi Cap Growth Direct | 1.3% | 9.0% | 23.7% |
| HDFC Flexicap Growth Direct | 0.1% | 12.0% | 23.2% |
Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Nippon India ETF Gold BeES | 3.2% | 79.5% | NA |
| Motilal Oswal NASDAQ 100 ETF | -0.8% | 10.1% | NA |
| Mirae Asset NYSE FANG+ETF | 2.0% | 26.8% | NA |
| Nippon India Silver ETF | 11.4% | 157.7% | NA |
| Tata Silver ETF | 12.0% | 159.4% | NA |
US Stocks Watchlist | 1W | 1Y | 5Y |
|---|---|---|---|
| Palantir Technologies | 1.6% | 129.7% | 46.6% |
| Advanced Micro Devices | 6.9% | 71.9% | 18.5% |
| Alphabet | 3.7% | 60.3% | 29.3% |
| Rigetti Computing | -1.9% | 45.0% | NA |
| NVIDIA | 9.4% | 36.2% | 71.0% |
Data Source: NSE, BSE & Kuvera.in
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Registration granted by SEBI, membership of IAASB (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
Investment in the securities is subject to market risks. Read all the related documents carefully before investing.
The securities quoted are for illustration only and are not recommendatory.
This market update was initially published by Livemint.
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