What is the current AUM of India's ETF market as of October 2025?

As of October 2025, India's ETF market has surpassed Rs 10 lakh crore in assets under management.

How has retail participation impacted India's ETF growth according to Zerodha Fund House?

Retail participation has been a key driver, with ETF folios growing from approximately 41 lakhs to over 3 crore between November 2020 and November 2025.

What is the growing trend in India's ETF investment beyond equities?

Investors are increasingly diversifying into Gold and Silver ETFs, which now constitute nearly 15% of the total ETF AUM.

Home / Business and Economy / India ETFs Hit Rs 10 Lakh Crore Milestone!

India ETFs Hit Rs 10 Lakh Crore Milestone!

22 Dec, 2025

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Summary

Indian ETF assets under management crossed Rs 10 lakh crore by October 2025.
Retail investor participation has surged, more than tripling the number of folios.
Gold and Silver ETFs now represent nearly 15% of total ETF assets.

India ETFs Hit Rs 10 Lakh Crore Milestone!

The Indian Exchange Traded Fund (ETF) sector has achieved a landmark Rs 10 lakh crore in assets under management as of October 2025, according to Zerodha Fund House. This AUM has doubled in the past three years, signaling a robust expansion in investor confidence and market depth. Trading volumes have also seen a substantial seven-fold increase since FY 2019-20, enhancing market liquidity and efficiency.

The surge in ETF adoption is significantly driven by heightened retail investor engagement. The number of ETF folios has grown dramatically from approximately 41 lakh to over 3 crore between November 2020 and November 2025. This expansion is likely attributed to increased investor education and easier access through digital platforms.