Equity participation rises among women investors and B30 cities amid steady mutual fund flows : ICRA Analytics

Equity mutual fund participation is broadening across India, particularly among women and investors in B30 locations. Women’s equity allocation rose from 40% in 2020 to 65% in 2025, while B30 equity AUM reached 65.9% in July 2026. Despite market corrections, equity AUM, folios and inflows continued growing, indicating wider investor participation.
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