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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM67710
Volume:
10 |
10 |
Oct 2026
Pages:
1-11
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
School of Management Studies
C.T. University, Ludhiana, Punjab
Director
Shri Atmanand Jain Institute of Management & Technology, Ambala City, Haryana
School of Management Studies
C.T. University, Ludhiana, Punjab
Financial services sector of India has been transformed with the rise of financial technology (FinTech). This study investigates the role of FinTech in escalating the mutual fund participation by analysing secondary data taken from the Association of Mutual Funds in India (AMFI) over the last decade (2016-2025). The research is mainly focussed on understanding how technological advances have impacted participation of investors, their investment patterns and the overall growth of the mutual fund industry. Descriptive and Analytical research designed has been adopted in this research. Total mutual fund folios, retail investors participation, systematic investment plan (SIP) contributions, assets under management (AUM), equity and non-equity investment distribution, institutional versus retail share and rural-urban investment patterns have been used as key indicators. These factors serve as proxies to evaluate changes in behaviour of investors and their participation levels. Analytical tools such as trend analysis, compound annual growth rate (CAGR) and percentage analysis have been used to assess the data. During the post-2020 period, a significant growth can be noticed in mutual fund participation through the findings which reflects accelerated digital adoption. To facilitate accessible and disciplined investment practices, digital platforms have played a significant role with the help of consistent increase in folios and SIP contributions. A greater retail participation and enhanced interest for equity-oriented investments can be noticed which suggests that there is an improvement in financial awareness and risk appetite of investors. In addition to this, the rise of investments in rural and semi-urban areas highlights the contribution of FinTech to financial inclusion. The results of study highlight that FinTech has played a vital role in accelerating mutual fund participation in India by improving efficiency, accessibility and inclusivity. The findings also provide valuable insights for policymakers, financial institutions and FinTech firms in encouraging broader investor engagement.
KEYWORDS
The Indian mutual fund industry has witnessed a massive growth during the period of 2016 to 2025 due to increasing mutual fund investments by retail investors. Now people are more inclined towards long-term investing instead of short-term goals. And it can be seen by a sharp rise in regular monthly investments in SIP and equity funds. Now this investments culture is spreading in rural areas too across the country. Although it is immeasurable, but this rise is due to FinTech enablers such as easy-to-use apps and digital platforms which has made investments as an easy option.
1. Beck, T. (2020). Fintech and financial inclusion: Opportunities and pitfalls. ADBI Working Paper 1165. Asian Development Bank Institute. 2. Amnas, M. B., Selvam, M., & Parayitam, S. (2024). FinTech and financial inclusion: Exploring the mediating role of digital financial literacy and the moderating influence of perceived regulatory support. Journal of Risk and Financial Management, 17(3), 108. 3. Srivastav, S. K., Habil, M., Thakur, P., Jain, J. K., & Saini, R. (2024). Analyzing the influence of FinTech & digitalization on investment choice decisions of mutual fund investors. International Journal of Research Publication and Reviews, 5(2), 2414–2419. 4. Ahir, D., Ahir, S., & Jani, S. (2026). A comparative study of mutual fund investments through traditional channels and FinTech platforms. International Journal of Scientific Research in Engineering and Management, 10(3). 5. Hessa, M. R., & Chaudhary, A. K. (2026). Rise of self-directed mutual fund investing among young Indians: A descriptive analysis of the role of FinTech and AI-enabled platforms. South Asian Journal of Social Studies and Economics, 23(6), 139–156. 6. AMFI. (2026). Annual Mutual Fund Report 2026. Association of Mutual Funds in India. AMFI–CRISIL Intelligence. (2026). AMFI–CRISIL Factbook 2026: Resilient Run
Publication Date
10/6/2026
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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