Pune AUM doubles in three years and emerges as a key driver of Maharashtra’s Mutual Fund Growth Story, says A. Balasubramanian

"Pune has always historically been a high-growth market. On the contrary, I would say equity cult in Pune is far higher than even other markets because people understand the importance of saving for long term and the power of compounding. Pune has been one of the fastest-growing markets, and in my view will continue to remain a fast-growing market going forward," said Balasubramanian.

He explained that Maharashtra remains one of the most important markets for Aditya Birla Sun Life AMC Ltd. Mutual fund assets across Rest of Maharashtra & Goa (ROMG) today stand at nearly ₹5 lakh crore. The company currently manages approximately ₹4.74 lakh crore in assets and serves around 1.2 crore customer portfolios across the country as of 31^st March 2026.

According to Balasubramanian, the growth story is increasingly extending beyond the state's largest cities. Other emerging centres are witnessing rising investor participation, supported by growing economic activity, infrastructure development, expanding SME ecosystems and increasing household incomes.

Commenting on investor behaviour, the mutual fund veteran said that growing awareness around mutual funds and SIPs is encouraging more investors across Pune and Maharashtra to adopt disciplined, long-term investing. With India progressing from a nearly $4 trillion economy towards a $10 trillion economy, he emphasised that informed financial planning and sustained participation in market-linked investments will be key to creating long-term wealth.