Maharashtra leads mutual fund AAUM with Rs 33.10 lakh crore
In short
Maharashtra was the biggest source of mutual fund assets in September 2026, with Rs 33.10 lakh crore. Delhi followed with Rs 7.78 lakh crore, and Karnataka, Gujarat and West Bengal were also among the top states.
This shows where mutual fund money is concentrated in India. The reporting did not say why the rankings changed, or whether they changed at all.
What the reporting says
Maharashtra remained the largest contributor to mutual fund assets under management in September 2026, with Rs 33.10 lakh crore, followed by Delhi at Rs 7.78 lakh crore. The publisher-supplied summary also named Karnataka, Gujarat and West Bengal among the other leading contributors. No month-on-month change or cause for the ranking was stated in the available reporting.
Why it matters
Maharashtra remained the largest contributor to mutual fund AAUM in September 2026 at Rs 33.10 lakh crore, with Delhi next at Rs 7.78 lakh crore. Karnataka, Gujarat and West Bengal were also cited among the leading states. The report gives a snapshot of regional mutual fund concentration but does not provide growth rates, fund categories or reasons for the distribution.