For Every ₹100 in Bank Deposits, Indians Now Hold ₹29 in Mutual Funds

Sat, 16 May 2026 00:00:00 +0000

For every ₹100 sitting in an Indian bank account, ₹28.5 is now in mutual funds. Six years ago, that number was just ₹16.

That single shift tells you more about how India’s money mindset has changed than any headline ever could. But it doesn’t tell you where the money is going — and that’s where the story gets interesting.

I pulled six years of AMFI data (FY20 to FY26) and broke down every rupee. The numbers paint a clear picture: India isn’t just investing more — it’s investing very differently than it used to.

Investment on Rahul Saluja

For Every ₹100 in Bank Deposits, Indians Now Hold ₹29 in Mutual Funds