Market Size of US Mutual Funds Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 34.35 Trillion |
| Market Size (2029) | USD 42.24 Trillion |
| CAGR (2024 - 2029) | 4.22 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Mutual Fund Market Analysis
The US Mutual Funds Industry in terms of assets under management value is expected to grow from USD 34.35 trillion in 2024 to USD 42.24 trillion by 2029, at a CAGR of 4.22% during the forecast period (2024-2029).
With a whopping USD 26.96 trillion in total net assets, the US mutual fund industry remained the largest in the world in 2021. The United States accounted for almost more than 40% of the global mutual fund market.
The United States accounted for a quarter of the global number of mutual funds in 2021. To understand the massive size of the US market, it can be said that it holds almost a quarter of all funds when compared globally. US Mutual Funds cover a wide range of asset classes, such as stocks and bonds, market caps, sectors, industries, and styles. The funds are actively managed to achieve short and long-term returns. US Funds comprise many large companies in various industries like automobile, technology, healthcare, and the internet.
COVID-19 carries unprecedented economic damage over natural disasters. It has impacted almost all of the economy, such as production, consumption, and accumulation. The financial markets and their segments like equity, bond, and commodity markets (oil and gold) are severely affected. Organic growth in the US mutual fund industry has continued to slow, despite upside surprises in the overall market in 2020. The long-term outlook is under stress, too, from downward pressure on fees, reduced profit margins, and changing investor preferences. The mutual fund space has grown over the pandemic, and interestingly in 2021, several smaller companies have gained momentum and outpaced the growth of established significant players.
