Indian ETFs Hit Rs 10 Lakh Crore AUM: What This Means for Retail Investors

The Indian ETF market has just crossed a massive Rs 10 lakh crore in assets, a level that was unheard of just three years ago.

Record Growth in Assets Under Management

According to Zerodha Fund House, total ETF assets have doubled in the last three years, reaching the historic Rs 10 lakh crore mark in October 2025.

Trading Volume Soars

ETF trading turnover jumped from Rs 51,000 crore in FY 2019‑20 to Rs 3.83 lakh crore in FY 2024‑25 – more than seven times higher. In the first half of FY 2025‑26, the market already logged over Rs 3.2 lakh crore, almost matching the entire previous year.

Retail Investors Drive the Boom

Retail participation has exploded. The number of ETF folios rose from about 41 lakh in November 2020 to over 3 crore in November 2025. Greater awareness, easier digital access, and the low‑cost nature of ETFs are key reasons.

Shift Toward Gold and Silver ETFs

While equity ETFs still dominate, investors are adding precious‑metal funds for diversification. Gold and silver ETFs now make up roughly 15% of total ETF assets.

• Gold ETF assets doubled to cross Rs 1 lakh crore.
• Silver ETF assets quadrupled to over Rs 49,000 crore.
• New gold ETF accounts grew 1.5×; silver ETF accounts rose 4.5× in the last year.

What It Means for You

Higher trading volumes mean tighter bid‑ask spreads and smoother trade execution. The expanding range of ETFs—equity, gold, silver, liquid, and government—offers retail investors a simple way to build a diversified portfolio at low cost.

Takeaway: With more money flowing in and liquidity improving, ETFs are becoming a reliable building block for both new and seasoned investors.

Remember, this is perspective, not a prediction. Do your own research and consider your risk tolerance before investing.