36 Young Indian Innovators Take Their Ideas To The National Stage With Samsung Solve For Tomorrow 2026

* Top 20 finalists represent the most promising tech & AI solutions, with more than half coming from Tier 2 and Tier 3 cities

* Participants will advance to Grand Finale, with continued mentorship from FITT-IIT Delhi and Samsung experts, and exposure to the startup ecosystem through an Investor Meet

* Finalists will receive a cumulative grant of INR 20 lakh and a Samsung smartphone for each participant for prototype enhancement

Samsung India today announced the Top 20 finalists of Samsung Solve for Tomorrow 2026, a programme that combines technology and education to help youth grow into future leaders with creative thinking and problem-solving skills.

A global problem-solving platform, Samsung Solve for Tomorrow helps youth around the world use STEM (science, technology, engineering, and math) to build a better future. Participants identify problems in their communities and develop creative solutions with the help of technology.

In its fifth edition, Samsung Solve for Tomorrow 2026 is bringing together young innovators from across India who are turning problems they see around them into technology-led solutions. More than half of the participants in the Top 20 come from Tier 2 and Tier 3 cities, with the finalists representing 18 cities across 12 states – reflecting how youth-led innovation is expanding beyond India’s traditional technology hubs.

“What stands out about this year’s Top 20 is not just the technology they are building, but the problems they have chosen to solve. Young innovators from across India are looking closely at challenges in their own communities – from accessibility and healthcare to agriculture, pollution and sport – and asking how technology can make a difference. Samsung Solve for Tomorrow gives them the opportunity, mentorship and resources to take an idea rooted in a local need and build it into a solution with the potential to create wider impact,” said SP Chun, Corporate Vice President, Samsung South West Asia.

A defining trend among this year’s finalists is the focus on making technology more useful and accessible. Across the four themes – AI Living for India, Environmental Sustainability, Health and Education, and Sport & Tech – young innovators are applying AI, computer vision, sensors, voice technology and low-cost wearables to challenges ranging from low literacy and disability access to agricultural waste, pollution, neurological health and para-sports.

Several solutions are being designed for people who have traditionally had limited access to technology. These include an offline AI application that explains complex documents to people with low literacy, real-time Indian Sign Language translation, a voice-first learning companion for visually impaired students, technology to anticipate sensory meltdowns among children with autism, and assistive technologies to help visually impaired swimmers train more independently. Other finalists are tackling environmental challenges through ideas that seek to convert agricultural residue into clean energy and useful carbon materials, reduce textile waste and construction-site pollution, and mitigate human-wildlife conflict.

The geographical spread of the Top 20 reflects this expanding innovation map. Finalists come from Sundargarh in Odisha, Chittoor and Visakhapatnam in Andhra Pradesh, Raebareli and Varanasi in Uttar Pradesh, Amritsar and SAS Nagar in Punjab, Sonipat in Haryana and Raipur in Chhattisgarh, alongside Bengaluru, Chennai, Coimbatore, New Delhi, Hyderabad, Kolkata and Mumbai.

The Top 20 teams emerged from a semi-final phase that brought together 40 teams for an experiential, hands-on Prototyping Programme conducted in collaboration with FITT-IIT Delhi. Through Innovation Bootcamp, the teams worked with mentors to strengthen their solutions, better understand the people they were designing for and gain practical exposure to the innovation process.

As part of the Bootcamp, the teams also visited Samsung Design Delhi (SDD), Samsung R&D Institute India – Noida (SRI-N), Samsung R&D Institute India – Delhi (SRI-D), Samsung R&D Institute India – Bengaluru (SRI-B) and Samsung’s Head Office in Gurugram, gaining exposure to Samsung’s approach to design, technology, innovation and Research & Development.

The journey culminated in a National Pitch Event, where 20 experts comprising mentors from Samsung R&D and Samsung South West Asia evaluated the teams and selected five finalists from each of the four themes.

Meet the Top 20

AI Living for India

4 Percentage – Coimbatore, Tamil Nadu: MicroLearning AI, a voice-first multilingual platform that converts complex healthcare and government-scheme information into simple spoken micro-lessons in Indian languages.

itzFOD – Varanasi, Uttar Pradesh: VaakSetu, an offline mobile application that uses AI to read documents such as loan papers, land deeds, FIRs and hospital forms and explain them in simple spoken language.

JARVISS – Chennai, Tamil Nadu: SafePath AI, a smartphone and IoT-assisted platform that uses AI and sensor data to detect road hazards, assess their severity and provide safer-route recommendations.

QuantHunt – Raebareli, Uttar Pradesh: An AI-based cybersecurity solution designed to identify encryption vulnerabilities and help organisations prepare their digital systems for emerging quantum-computing risks.

SignBridge AI – Kolkata, West Bengal: An AI-powered platform that translates Indian Sign Language into text and speech in real time, helping improve communication in schools, hospitals, workplaces and public spaces.

Environmental Sustainability

AeroShield – New Delhi: A low-cost construction debris net, designed to capture and degrade airborne pollutants while integrating with existing scaffolding.

AgriVolt – Amritsar, Punjab: AgriVolt Carbon AI, which aims to use agricultural residue to generate electricity and recover biochar and other carbon-rich materials while reducing emissions.

IndieJeanous – Mumbai, Maharashtra: A circular denim initiative that converts discarded denim and textile scraps into lifestyle products while creating livelihood opportunities for women artisans.

InnoBotix – New Delhi: Sentinel, a solar-powered AI edge device that uses cameras, radar and seismic data to detect wildlife approaching human settlements and provide early warnings.

KINVA BIO – Sonipat, Haryana: An AI-based platform that seeks to optimise the production of protein-rich mycoprotein from sugarcane bagasse using bioreactors.

Health and Education

404NotFound – Bengaluru, Karnataka: StepSense, a sensor and edge-AI system that turns footwear into a gait-monitoring platform to identify indicators associated with fall risk, neuropathy, fatigue and other health conditions.

Equinox – New Delhi: SARA AI, a voice-first study companion that enables visually impaired students to access textbooks, explanations, quizzes and personalised learning support without relying on a screen or keyboard.

morphism – Raipur, Chhattisgarh: An AI system designed to help autistic individuals better understand emotions by analysing subtle facial expressions and other behavioural signals.

NeuroTrace – SAS Nagar, Punjab: A smartphone-based AI solution for post-stroke monitoring that analyses changes in voice, facial movement and reaction time to identify potential neurological deterioration.

VB SenseGuard – New Delhi: Sense Guard, a low-cost AI wearable designed to identify physiological patterns associated with sensory meltdowns in children with Autism Spectrum Disorder and provide caregivers with early alerts.

Sport & Tech

Code Blooded – Sundargarh, Odisha: ParaSync, an AI-powered platform that analyses smartphone videos of para-athletes to assess sporting technique, track progress and help connect talent from underserved regions with scouts.

Para-athlete swimming solution – Visakhapatnam, Andhra Pradesh: A wearable navigation system that detects when visually impaired swimmers veer from their intended direction and provides haptic cues for course correction.

Rogue – Chennai, Tamil Nadu: NeuroStride, an AI-powered wearable that seeks to distinguish involuntary Parkinson’s tremors from intentional muscle movement and provide targeted electrical stimulation.

Somatrace – Hyderabad, Telangana: A wearable IoT training tool that measures spinal angles and load during training to help precision-sport athletes and coaches better understand injury risk.

Untethered – Chittoor, Andhra Pradesh: Smart swimming goggles using ultrasonic sensing and haptic feedback to warn visually impaired swimmers as they approach the pool wall.

Taking Solutions to the Next Stage

The Top 20 finalists will now receive continued mentorship from Samsung experts and FITT-IIT Delhi as they prepare for the Grand Finale on October 14 and 15.

The Grand Finale will feature the final pitch presentations, followed by an Investor Meet for all Top 20 teams. The interaction will give the young innovators an opportunity to engage with the startup and investment ecosystem and understand the next steps involved in developing their solutions further

The competition will culminate in the Winner Announcement and Awards Ceremony. The Top 20 teams will receive a cumulative grant of INR 20 lakh for prototype development, with INR 1 lakh awarded to each team. All 36 participants in the Top 20 will also receive the latest Samsung Galaxy Z Flip smartphone. Four winning teams – one from each theme – will collectively receive an incubation grant of INR 2 crore from Samsung through FITT-IIT Delhi. The incubation support will help the winning teams further develop and validate their solutions while exploring their potential to evolve into market-ready ventures.

The programme will also recognise participants through special awards at the Grand Finale, including the Digital Impact Award of INR 50,000 and two Community Choice Awards of INR 1 lakh each.

Guided by its global CSR vision, “Together for Tomorrow! Enabling People,” Samsung India is committed to empowering young Indians through its focus on Smart Education and Skilling Youth, providing equal access to the knowledge, skills and resources needed to shape a better future.

Find the full list to the Top 20 finalists here

250 Lives Touched: Samvaad Distributes Free Hearing Aids To The Needy And Underprivileged

Samvaad Institute of Speech and Hearing distributed 250 hearing aids free of cost to needy and underprivileged individuals with hearing impairment as part of its 21st anniversary celebrations.

The week-long camp, held from August 11 to 18, 2026, at the institute’s Hebbal centre, aimed to support economically disadvantaged beneficiaries and help improve their quality of life through accessible hearing care.

Ms. Radhika Poovayya, Trustee, Samvaad Foundation, said the initiative reflects Samvaad Institute’s continued commitment to supporting the hearing-impaired community through affordable and accessible assessment, treatment, rehabilitation, and hearing care services.  

Citi Launches eFPI @ Citi, Reducing Foreign Portfolio Investors Registration Timeline To Five Business Days

* The first-to-market solution was announced at India’s Global Fintech Fest

Citi announced the launch of eFPI @ Citi, fast-tracking the registration process for Foreign Portfolio Investors (FPIs) to five business days from anywhere between a few weeks to a few months previously.

The launch of this first-to-market solution comes as India continues to gain prominence among global investors. As international investors increasingly evaluate India as a strategic allocation, the ease of navigating market entry is crucial.

With oversight of approximately a third of the FPI Assets under Custody in the country, Citi’s Services business in India is well-positioned to address this need at scale and with greater relevance for global investors.

Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI) said, “We appreciate Citi's initiative to provide faster registration timeline of 5 days for FPIs in India. It aligns with SEBI's thrust on utilizing technology to facilitate FPIs to access Indian Capital markets expeditiously."

Citi launched eFPI @ Citi at the Global Fintech Fest where Citi is Banking Innovation Partner. Mridula Iyer, Head of Services, Asia South, Citi noted, “The attractiveness of any market hinges on how easily investors can enter it. India has long been recognized for its immense opportunities, and this initiative is a significant step in realizing this potential. eFPI @ Citi is an outcome of our continued focus on innovation, simplification and client-centricity.”

Vijay Chandok, MD & CEO of The National Securities Depository Limited (NSDL), was the Chief Guest at the eFPI @ Citi launch. Speaking on the occasion, he said,

“For FPIs, the eFPI @ Citi initiative which leverages digital tools and efficient processes is set to transform FPI onboarding. This initiative will significantly minimize turnaround time and deliver a frictionless onboarding experience for new FPI clients. Further, the collaboration between NSDL and Citi will leverage API integration to create a seamless, end-to-end digital connection between our systems. The newer APIs will build on the success of our existing APIs that have already simplified the opening of demat accounts.”

The service is being rolled out in phases, with the first phase now live and covering regulated public funds — including mutual funds and unit trusts — from the United States, Ireland and Luxembourg. Phase II will cover additional jurisdictions, such as Singapore, Canada, Australia, and the United Kingdom.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi |

YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi

Marriott International Launches Project Prarambh To Empower Youth With Skills, Opportunity And Pathways To Careers In Hospitality

* New initiative, in partnership with The Job Plus and Tourism & Hospitality Skills Council, aims to equip youth from vulnerable communities with employable skills, workplace exposure and access to formal employment

Marriott International has launched Project Prarambh, an initiative guided by the company’s Serve 360 sustainability and social impact framework, to create pathways to formal employment and long-term careers in hospitality for young people from vulnerable communities across India.

In collaboration with The Job Plus and the Tourism & Hospitality Skill Council (THSC), the initiative will support youth between 18 and 30 years of age through industry-relevant training, workplace exposure and mentorship, helping them build the skills and confidence needed to enter the formal workforce. Project Prarambh will be delivered through an extensive network of training partners across India.

Kiran Andicot, Senior Vice President, South Asia, Marriott International, said: “People have always been at the heart of our success. Our people-centric culture is what enables us to create exceptional experiences for our guests, and investing in people has always been central to who we are as an organisation. At the same time, the hospitality industry continues to face a significant need for skilled, industry-ready talent, making it important that we play our part in creating pathways for young people to build careers in the sector. Through Project Prarambh, we are bringing these two priorities together, building people while supporting the community we operate within, and strengthening the industry’s talent pipeline. We are grateful to The Job Plus and the Tourism & Hospitality Skill Council for their collaboration and expertise in helping us take this ambition forward.”

Over the next two to three years, Project Prarambh aims to train 500 young people, equipping them with the skills, workplace readiness and confidence to pursue and build careers in the hospitality industry.

For many beneficiaries, Project Prarambh could represent their first formal employment opportunity, their first regular income and their first experience of a professional career. For young people who are among the first in their families to enter formal employment, the opportunity can extend well beyond the individual to support greater financial independence and open new possibilities for their families.

Vinay Jaswal, Vice President, HR Ops (South Asia), HR Tech & Analytics (APEC), Marriott International commented, “Our approach to People & Culture at Marriott goes beyond creating a great workplace for our associates; it is also about thinking more broadly about how we can contribute to people’s journeys at different stages. Initiatives such as Project Prarambh reflect this belief, each addressing a different opportunity to enable greater participation, growth and inclusion. By investing in their development at an early stage, we can help them take that first step with greater confidence and open possibilities that can have a lasting impact on their lives and those of their families. For us, this is an important part of what it means to put people first.”

Natwar Nagar, Founder, The Job Plus, said: “We are very pleased to partner with Marriott and THSC on Project Prarambh. We look forward to building on this association over the long term and working together to create more opportunities for young talent to enter, grow and build careers in the industry.”

Rajan Bahadur, CEO, Tourism & Hospitality Skill Council (THSC), said: “As the Tourism and Hospitality sector continues to grow rapidly, the need for a skilled and industry-ready workforce has never been greater. CSR-led skilling initiatives can play a critical role in bridging this gap by providing young people with the right skills, practical exposure, and opportunities to build sustainable careers. This initiative is a step towards strengthening the talent ecosystem and preparing our youth for the growing opportunities in the sector.”

For The Job Plus, the opportunity is to help bridge the gap between talent and access by identifying young people with the potential to enter the organised workforce and equipping them with the skills required to succeed in a formal workplace. THSC’s role in the partnership supports this objective by bringing industry-aligned training, assessment and certification into the initiative, helping young people develop skills that are relevant to the evolving needs of the sector.  

Nurturing India’s Next-Gen Space Innovators: La Fondation Dassault Systèmes, India Concludes New Aerospace School Program

* “My First Aerospace Program,” a multi-city STEM initiative, inspires 150 school children across Bengaluru, Chennai, Gurugram, and Pune by enabling them to design, test, build and launch their DIY rockets, CubeSats, and rovers.

La Fondation Dassault Systèmes, India today announced the final stage of its new landmark STEM initiative, “My First Aerospace Program,” concluding in Pune. Designed to nurture young minds and ignite their curiosity about the growing space sector and associated education pathways, the multi-city program has successfully inspired 150 school children aged 13–16 across four key technology hubs: Bengaluru, Chennai, Gurugram, and Pune.

La Fondation Dassault Systèmes, India is conducting “My First Aerospace Program” in collaboration with SSERD (Society for Space Education Research and Development), a not-for-profit body working in the space sector.

The program establishes an experiential learning corridor across India, guiding students through a structured path. Supported by skill volunteers from Dassault Systèmes, participants progress from understanding basic STEM concepts to using 3D technology to nurture their ideas and bring them to life.

By combining hands-on learning with virtual validation, students develop crucial problem-solving, creativity, and collaborative engineering skills through end-to-end rocketry, satellite, and rover activities. The initiative forms the foundational layer of La Fondation Dassault Systèmes, India’s comprehensive educational ecosystem designed to bridge early school education with higher-level industry readiness programs across India’s evolving space ecosystem.

"Nurturing early curiosity in science and engineering is essential to sustaining India's progress in the space sector. By connecting early school learning with university initiatives like ConnectNext-Industry Readiness for Space and CubeSat Design & Development, we are empowering students and educators across disciplines to actively contribute to the nation's space ambitions,” said Sudarshan Mogasale, Chairman of Board of Directors, La Fondation Dassault Systèmes, India.

“At SSERD, we believe India’s future in space will be built in classrooms today. ‘My First Aerospace Program’ proves that when we give a 13-year-old the tools to build a rocket or a CubeSat, we are not just teaching STEM, we are igniting a career and giving them a powerful motive to excel in academics, while building skills and creating talent pipeline for NewSpace India,” said Nikhita Chadde, Co-founder and Trustee, Society for Space Education, Research and Development (SSERD).

Beyond school education, La Fondation Dassault Systèmes, continues to strengthen higher education engagement in the space domain. As part of its ConnectNext-Industry Readiness for Space program, it enables undergraduate students and educators to participate in national CanSat and model rocketry competitions through technical coaching and mentoring. It also empowers undergraduate students with future-ready skills to engineer space missions and design CubeSats using virtual twin technology.

ABOUT LA FONDATION DASSAULT SYSTÈMES

La Fondation Dassault Systèmes supports transformative, public-interest projects in education, research and heritage that leverage virtual worlds. Its mission is to spark young people’s interest in science and technology, inspire them to pursue careers in these fields and help students build the skills they’ll need for tomorrow. It also supports innovative scientific research and heritage projects to push the boundaries of knowledge. Beyond funding, La Fondation Dassault Systèmes engages a network of employee volunteers to share their expertise, helping partners bring their projects to life and explore new possibilities. It operates through three foundations in Europe, India and the United States.

In India, it is incorporated as a company with non-profit objectives dedicated to Corporate Social Responsibility (CSR) activities under the name “Dassault Systèmes Foundation.”

www.lafondation3ds.org 

Bengaluru NGO “Hand in Hand India” Is Runner Up at Bridgestone India’s Mobility Social Impact Awards 2026

* Through the Hygiene on Go (HOG) initiative the NGO has provided mobile sanitation facilities at Bengaluru Traffic Police duty locations

Bengaluru NGO “Hand in Hand India” was declared runner up at the 6th Edition of Bridgestone India’s Mobility Social Impact Awards 2026. The NGOs Hygiene On Go (HOG) is the first such initiative for Traffic Police Personnel in our country, supported by the CSR of Renault Nissan Technology and Business Centre India Pvt. Ltd. (RNTBCI), and implemented by Hand in Hand India. This project has significantly improved the health, dignity, safety, and operational efficiency of Bengaluru Traffic Police personnel by bringing sanitation facilities directly to their duty locations. Since its inception in December 2025, three GPS-enabled mobile sanitation vehicles have covered 103 traffic junction halts, recorded 20,466 service usages, and supported 2,012 personnel during special bandobust duties. The initiative has particularly strengthened inclusive access through separate facilities for men and women, benefiting women personnel with safe and gender-sensitive sanitation. By reducing the need for officers to leave their posts in search of sanitation facilities, HOG minimizes duty interruptions and enables uninterrupted traffic regulation and emergency response. GPS tracking, QR-based feedback, and optimized routes further enhance service efficiency. The model demonstrates strong potential for replication across cities, supporting healthier personnel and safer, more efficient urban mobility.

“Serving Society with Superior Quality is at the heart of Bridgestone’s purpose, and the Mobility Social Impact Awards are dedicated towards honouring those who are using mobility to foster meaningful and lasting social impact. We are proud to recognize them and their endeavours towards making roads safer, empower communities and drive positive social change across India.” Said Mr. Rajarshi Moitra, Managing Director, Bridgestone India.

“The 3 Hygiene On Go (HOG) Mobile Sanitation Units are the first-of-its-kind initiative for Traffic Police Personnel in our country, supported by the CSR of Renault Nissan Technology and Business Centre India (RNTBCI), and implemented by Hand in Hand India. This project has significantly improved the health, dignity, safety, and operational efficiency of Bengaluru Traffic Police personnel by bringing sanitation facilities directly to their duty locations. Since its inception in December 2025, GPS-enabled vehicles have covered 103 traffic junctions, recorded 20,466 service usages, and supported 2,012 personnel during special bandobust duties. The initiative has particularly strengthened inclusive access through separate facilities for men and women, benefiting women personnel with safe and gender-sensitive sanitation. HOG vehicles minimise duty interruptions and enable uninterrupted traffic regulation and emergency response. GPS tracking, QR-based feedback, and optimised routes further enhance service efficiency. We thank Bengaluru City Traffic Police Dept. and traffic personnels for their unwavering support for this initiative.” Said Mr. Krishnan, Managing Trustee, Hand In Hand India.

Instituted by Bridgestone India in 2021, the Mobility Social Impact Awards aim to identify, recognize, and promote innovative solutions in sustainable mobility that address social challenges and advance inclusive development through the efforts of not-for-profit organizations. The initiative reflects Bridgestone’s mission of driving social progress through safe and sustainable mobility for all.

The Mobility Social Impact Awards reflect the “Empowerment”, “Ease”, “Emotion” and “ Efficiency” values of the Bridgestone E8 Commitment,* which outline Bridgestone’s corporate commitment to contributing to a society that ensures accessibility and dignity for all (Empowerment), to bringing comfort and peace of mind to mobility life (Ease), inspiring excitement and spreading joy to the world of mobility (Emotion) and maximizing productivity through the advancement of mobility (Efficiency). Through initiatives like MSIA, Bridgestone continues to advance its mission of “Serving Society with Superior Quality” by driving positive change and building safer, more inclusive communities across India.

About Bridgestone India

Bridgestone India Private Limited is a group company of Bridgestone Corporation, a global leader in tyres and rubber building on its expertise to provide solutions for safe and sustainable mobility. Headquartered in Pune, Maharashtra, the company employs 3000+ people and offers a diverse product portfolio of premium tyres and advanced solutions backed by innovative technologies, improving the way people around the world move, live, work and play.

About Bridgestone Corporation:

Bridgestone is a global leader in tires and rubber building on its expertise to provide solutions for safe and sustainable mobility. Headquartered in Tokyo, the company employs approximately 130,000 people globally and conducts business in more than 150 countries and territories worldwide. Bridgestone offers a diverse product portfolio of premium tires and advanced solutions backed by innovative technologies, improving the way people around the world move, live, work and play.

The Bridgestone Group established its corporate commitment, the "Bridgestone E8 Commitment," to help it realize its vision: "Toward 2050, Bridgestone continues to provide social value and customer value as a sustainable solutions company." This commitment will serve as the Group's axis to drive management while earning the trust of future generations. The "Bridgestone E8 Commitment" consists of eight unique Bridgestone values starting with the letter "E" (Energy, Ecology, Efficiency, Extension, Economy, Emotion, Ease, and Empowerment) that the Group will commit to creating through distinctly Bridgestone purposes and processes, together with employees, society, partners, and customers to help realize a sustainable society.

Highlights AMFI Mutual Fund Industry Monthly Data August 2026

Mutual Fund Industry’s Net AUM stands at 87,07,887.74 crores for the month of August 2026. Net AUM for the month of July 2026 was ₹ 85,75,656.52

The AAUM for the month of Aug 2026 is ₹ 88,30,776.45 crores

Mutual Fund Folios are at 28,35,19,085 crores as of Aug 2026 with 26.54 lakh net folios being added during the month, up 0.9% from 28.09 crore in July.

Retail MF AUM (Equity + Hybrid + Solution Oriented Schemes) stood at ₹ 51,72,576 crores for the month of Aug 2026 as against ₹ 50,68,667 in July 2026

Retail Folios (Equity + Hybrid + Solution Oriented Schemes) are at 21,62,19,837 for Aug 2026 and 21,39,96,603 for July 2026

66th month of positive equity Inflows, starting from March 2021, amounting to Rs 29,329 crore

SIP assets stood at ₹ 18,61,652.14 crores in Aug 2026, rose by 2.8% constituting ~21.4% of the industry's AUM

SIP contribution for Aug 2026 stood at ₹ 32,297 crore

The number of Contributing SIP accounts stood at in 10,01,78,903 in Aug 2026

A total of 26 schemes were launched in the month of Aug 2026, raising a total of ₹ 7110 crores

SIF data

SIF assets stood at Rs 31,175 crore in Aug 2026, marking a 34.5% on-month rise

The category recorded positive inflows of Rs 7,699 crores during the month driven by hybrid investment strategy and equity-oriented investment strategy.

Three new investment strategies under equity-oriented were launched which collectively mobilised Rs 1,420 crore.

Commenting on Monthly data for August 2026, Mr. Venkat Chalasani, Chief Executive, AMFI said:

The Indian MF industry's AUM grew 1.5% on-month to Rs 87.08 lakh crore in August, driven by a combination of sustained investor inflows and market appreciation.

Notably, equity MFs saw inflows of Rs 29,329 crore, marking a 66th consecutive month of inflows. The growth momentum was further reinforced by robust SIP contributions of ₹32,297 crore during the month.

Investor confidence in mutual funds as a disciplined and long-term wealth creation vehicle continues to strengthen, as reflected in the crossing of a significant milestone of 10.02 crore SIP accounts.

As an industry, our unwavering focus remains on deepening investor awareness, enhancing financial literacy, and empowering savers to achieve their financial goals. We remain committed to encouraging disciplined investing and helping investors participate in India’s long-term growth story, supported by the country’s strong economic fundamentals and resilient growth outlook.