Nigeria’s mutual fund industry closed 2025 with total net asset value rising to N7.67 trillion, reflecting sustained investor participation and strong returns across fixed income and hybrid portfolios.
Securities and Exchange Commission (SEC) data as of 24th December, computed by Nairametrics Research, shows that 62 mutual fund managers collectively serve over 1.1 million unitholders across 195 fund offerings, with an average Year-to-Date (YTD) yield of 21.84%.
This analysis reviewed a combined Net Asset Value (NV), combined unitholders and average YTD yield across all mutual funds’ segments traded in the market.
While yield measures performance, total Net Asset Value (NAV) highlights scale, investor trust, and market dominance, a key indicator of long-term industry leadership.
What the data is saying
Total NAV across Nigeria’s mutual fund industry reached N7.67 trillion in 2025, underscoring significant asset growth during the year.
The data shows clear concentration at the top, with a handful of managers controlling a substantial share of industry assets.
- A total of 62 managers collectively oversee N7.67 trillion in assets.
- The industry serves more than 1.1 million unitholders across 195 funds.
- Average YTD yield stands at 21.84%, reflecting favorable market conditions.
- The 10 largest managers account for approximately 89.08% of the total NAV.
This combination of asset growth and investor participation signals deepening confidence in professionally managed investment vehicles.
Leading mutual fund managers by total net asset value
Guaranty Trust Fund Managers stands out for managing the highest number of funds among the top tiers, with a total of 44,597 unitholders.
- The fund manager, across 6 fund categories, printed a total NAV of N401.21 and an average YTD yield of 30.02%
- Its diversified structure supports strong yield performance and stable investor participation.
- 90.11% YTD yield in equity-based funds with 3,130 unitholders, and NAV of N3.19 billion
- 2 funds under the money market fund category with an average yield of 16.15%, a total NAV of N264.47 billion and total unitholders of 30,333
- 6% YTD yield in fixed income funds with 4,981 unitholders, and a NAV of N11.59 billion
- 5.27% YTD yield in dollar funds with 2,184 unitholders, and NAV of N116.26 billon
- 46.43% YTD yield in balanced funds with 3,969 unitholders, an NAV of N5.69 billion
