It gives me an immense pleasure to write to you as part of the Annual Report for the financial year 2024‑25, a year that has been both transformative and encouraging for the mutual fund industry in India. The growth of the industry has been driven by several factors including more investor participation, enhanced digital adoption, and increased financial awareness. The regulatory changes also create a strong foundation for investor confidence by bringing the investors to the market. This period also demonstrated remarkable resilience of our financial ecosystem but also highlighted the growing maturity and confidence of Indian investors.
The financial year 2024-25 has been a landmark for the mutual fund industry. The total assets under management (AUM) crossed ₹ 66.7 lakh crore in March 2025 as compared to ₹ 55.0 lakh crore in the previous financial year, thereby reflecting a clear sustained investor trust and continued market participation across retail and institutional segments. In addition, mark-to-market (MTM) gains provided a supplementary boost, underpinned by positive performance in equity market. SIP inflows reached new highs, with yearly contributions increasing 45.24% on-year in fiscal 2025 to ₹ 2.89 lakh crore, reflecting the growing acceptance of disciplined, long-term investing among individuals.
This growth has been driven by several key factors including a favourable macroeconomic indicator, increasing digitisation and ease of access, rising financial literacy and awareness, product innovation and investor-friendly regulations. The investor base has also expanded significantly, with the number of unique mutual fund folios now exceeding 23.5 crore. This is evidence to the successful efforts of the industry, regulators, and financial intermediaries in promoting inclusive financial participation.
Amidst this strong industry background, CAMS remained focussed on delivering long-term value to its customers. Our strategy during the year was centred on three core principles viz. responsible growth, customer-centric innovation, and operational excellence. CAMS also strengthened the digital channels to ensure seamless and secure customer experiences across platforms.
The regulatory framework continues to evolve to ensure transparency, accountability, and investor protection. The regulator’s focus on simplifying disclosures, enhancing governance standards, and curbing misleading practices aligns well with our values. CAMS views these changes not as obligations but as opportunities to strengthen trust and deepen our relationships with the Mutual Fund investors. The governance framework remains robust, driven by ethical standards, risk controls, and an unwavering focus on compliance with the laws of the land through various committees
During the year, CAMS continued to make progress on its sustainability journey. Initiatives were taken to engage an external agency in assisting the company in fixing a sustainability target, thus showing commitment towards Environment, Social and Governance (ESG) aspect of its business. Building an understanding of sustainability and ESG among the employees is a key focus area, with a view to embedding ESG in all relevant areas of the Company’s operations.
The Company has met its Corporate Social Responsibility (CSR) commitments during the year. The initiatives undertaken by the company were in the areas of education, healthcare and environment and the projects were undertaken across the country.
Looking forward, we remain optimistic about the prospects for both the industry and our organisation. India’s economic fundamentals are strong, and demographic trends continue to favour sustained growth in financial savings. As we continue this journey, our priorities will be to strengthen our capabilities, expand our services and create long-term value for all the stakeholders.
I would like to express my deepest gratitude to our investors, employees, regulators, and shareholders. Your continued trust and support drive our mission to help millions of investors achieve their financial goals through mutual fund investments.
I thank our Board of Directors for their continued guidance and oversight in upholding the highest levels of integrity.
Warm Regards,
Chairman
