Assam has witnessed a remarkable rise in mutual fund investments, reflecting a growing trust in financial markets and rising household incomes.
Chief Minister Himanta Biswa Sarma announced on X, “A mammoth 159 per cent growth of Mutual Funds in Assa in the last five years, from Rs 11,298 crore to Rs 29,268 crore, speaks volumes about the Bharat Growth Story; the trust people of Assam have in our markets and the rise in the incomes of our people.”
The growth record puts Assam as the leading contributor from the Northeast to Bharat’s mutual fund industry with average net assets under management of Rs 29,268 crore, from Rs 11,298 crore in 2020 to Rs 29,268 crore in 2024, showcasing the state’s pivotal role in the nation’s economic narrative.
This financial upsurge is suggestive of the vast economic trends within Bharat, where increased financial inclusion and awareness are driving substantial participation in mutual funds.
“Assam is not just participating but leading the way in mutual fund investments from the Northeast,” added CM Himanta.
