India’s mutual-fund industry gathered a net ₹49,095 crore in June, lifting total assets under management to a record ₹74.41 lakh crore, according to monthly data released by the Association of Mutual Funds in India on Wednesday. Equity schemes attracted ₹23,568 crore, a 24% increase from May, bringing equity assets to about ₹33.5 lakh crore. Large-cap, mid-cap and small-cap funds all logged stronger subscriptions, reversing May’s slowdown even as market benchmarks rose roughly 3% during the month. Systematic investment plans continued to expand, generating an all-time-high ₹27,269 crore—crossing the ₹27,000-crore threshold for the first time. Demand for gold exchange-traded funds also climbed, with inflows jumping to ₹2,081 crore from ₹292 crore the previous month, underscoring investor appetite for both risk and defensive assets.