India’s Capital Markets Surge in 2024–25: Equity, IPOs, and Mutual Funds Break Records

India’s capital markets witnessed a robust revival in 2024–25, marked by a sharp uptick in equity fund mobilisation, record-breaking IPO activity, and strong investor participation in mutual funds.

Equity Market Momentum Doubles

Resource mobilisation in the primary segment of the equity market witnessed a dramatic surge. Funds raised through preferential allotments and qualified institutional placements (QIPs) doubled to ₹2.2 lakh crore in 2024–25, compared to ₹1.1 lakh crore in the previous year.

Likewise, capital raised through Initial Public Offerings (IPOs), Follow-on Public Offers (FPOs), and rights issues jumped to ₹2.1 lakh crore, significantly higher than ₹0.8 lakh crore in 2023–24.

SME Segment Stays Resilient.

Small and Medium Enterprises (SMEs) also contributed significantly to Mutual Fund Inflows Hit All-Time Highcapital mobilisation. In 2024–25, SMEs raised ₹9,961 crore, a notable increase from ₹6,122 crore in the previous year—reflecting continued confidence in this emerging sector.

Mutual Fund Inflows Hit All-Time High

The mutual fund industry posted a remarkable year. Net resource mobilisation by mutual funds soared to ₹8.2 lakh crore in 2024–25, up from ₹3.6 lakh crore the year before.

Equity-oriented mutual fund schemes alone saw net inflows of ₹4.2 lakh crore, more than double the ₹1.8 lakh crore in 2023–24.

Debt-oriented schemes, which had witnessed net outflows of ₹0.3 lakh crore last year, made a turnaround with net inflows of ₹1.4 lakh crore this year.

SIP Contributions Reflect Retail Investor Confidence

Retail investors continued to show long-term commitment to the markets through Systematic Investment Plans (SIPs). The average monthly SIP contribution rose sharply to ₹24,113 crore in 2024–25, compared to ₹16,602 crore in the previous year.

Conclusion: A Bullish Year for Indian Markets

The year 2024–25 stands out as a period of renewed investor confidence and vibrant capital market activity across all segments. With strong domestic liquidity, improving corporate fundamentals, and consistent retail participation, India’s capital markets are well-positioned for continued growth.

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