Where did India put its money in 2024? The mutual fund shift explained
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IN THE FIRST SEVEN MONTHS of FY25, equity inflows into mutual funds have seen a remarkable surge, reaching ₹3.07 lakh crore. Among the various categories, thematic and sectoral funds have clearly been the standout performers, pulling in an impressive ₹1.08 lakh crore. These funds have captured investor interest by focusing on specific themes and growth-oriented sectors, reflecting a more strategic and focused approach to investing. While flexi-cap and mid-cap funds also attracted steady inflows, the overwhelming preference for thematic funds highlights their status as the ‘flavour of the season’. Whether the flavour will eventually leave a palatable experience for investors remains to be seen.
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August 2025
As India continues to be the world’s fastest-growing major economy, Fortune India presents its special issue on the nation’s Top 100 Billionaires. Curated in partnership with Waterfield Advisors, this year’s list reflects a slight decline in the number of dollar billionaires—from 185 to 182—even as the entry threshold for the Top 100 rose to ₹24,283 crore, up from ₹22,739 crore last year. From stalwarts like Mukesh Ambani, Gautam Adani, and the Mistry family, who continue to lead the list, to major gainers such as Sunil Mittal and Kumar Mangalam Birla, the issue goes beyond the numbers to explore the resilience, ambition, and strategic foresight that define India’s wealth creators. Read their compelling stories in the latest issue of Fortune India. On stands now.