Karnataka has witnessed a steady growth in the mutual fund industry, and as of August, 2025, mutual funds from the State stood at approximately ₹5.67 lakh crore, making it one of the top four States in India in terms of mutual fund assets under management (AUM), said Quantum Asset Management Company (Quantum AMC).
The State also contributed 6.9% of the country’s total mutual fund AUM — a sizeable share that underscores its importance in the the country’s mutual fund distribution landscape, investor outreach and advisory networks, according to Quantum AMC.
The key drivers of this growth have been the State’s highly educated workforce, robust digital infrastructure, a culture of innovation, its status as a magnet for startups, a venture capital ecosystem and active institutional investors, the firm said.
Seemant Shukla, chief executive officer, Quantum AMC, said, “Karnataka has witnessed a 5X growth over the last decade, while Bengaluru alone has experienced an impressive 10X growth in the same period, underscoring the city’s significance as a key hub for innovation and economic activity.’‘
The firm also said the State has seen a sharp rise in financial awareness and market participation, with a growing number of individuals and enterprises actively engaging in equity markets, fintech platforms, and long-term investment avenues contributing to the growth, it further said.
A growing community of tech-savvy investors, high-net-worth individuals (HNIs), and financially aware, savings-oriented households were expected to further drive the growth of the sector in the state, Quantum AMC added.
Published – October 19, 2025 05:28 am IST
