Mumbai, June 10 -- India's mutual fund (MF) industry continued to witness strong retail participation in May 2026, with equity mutual funds attracting net inflows for the 63rd consecutive month and systematic investment plan (SIP) contributions remaining above the Rs 30,000 crore mark despite market volatility.

According to data released by the Association of Mutual Funds in India (AMFI), the mutual fund industry's net assets under management (AUM) stood at Rs 81.58 lakh crore in May 2026, marginally lower than Rs 81.92 lakh crore recorded in April.

However, investor participation remained robust, with the industry adding 12.56 lakh net folios during the month, taking the total folio count to 27.66 crore.

Equity mutual funds recorded n...