As on February 1, 2023, Edelweiss Mutual Fund, one of the leading mutual fund firms in India said that its assets under management (AUM) has crossed Rs 1 lakh crore. The company’s AUM has grown 11 times during the last five years, and its customer base has also grown significantly. As on January 31, 2023, there were over 11 lakh active folios and over ₹22,000 crore in equity AUM. In the last five years, the Equity AUM has grown by a multiple of 13 times. The company’s industry rating has moved up from 27th in 2017 to 13th in 2022, confirming its position as the Indian mutual fund house with the fastest growth rate during that period.