重磅榜单来了，排名大洗牌

Core Insights - The public fund market in China experienced significant growth in Q3 2025, with a total management scale reaching 36.45 trillion yuan, an increase of 2.41 trillion yuan or 7.07% from the previous quarter [2][3] - Equity funds, particularly active equity and stock index funds, saw remarkable growth, with active equity funds increasing by nearly 700 billion yuan and stock index funds by 1.1 trillion yuan [1][2] - The market's focus shifted back to equity assets, benefiting both active equity investment firms and public funds leading in the ETF sector [1][2] Fund Performance - Stock funds increased by 1.2 trillion yuan, a growth rate of 25.3%, with pure index stock funds seeing the largest increase of 1.06 trillion yuan [2][3] - Mixed funds also performed well, growing by nearly 600 billion yuan, representing a 17.89% increase [2][3] - In contrast, bond funds experienced a decline, with a reduction of 142.8 billion yuan, marking the only category to shrink in size [2][3] Company Rankings - E Fund and Huaxia Fund led the market in non-monetary fund sizes, with 1.81 trillion yuan and 1.52 trillion yuan respectively [5][6] - Five public funds saw non-monetary fund growth exceeding 100 billion yuan, with E Fund leading at an increase of 286.6 billion yuan [5][9] - The top ten fund companies in terms of non-monetary fund size all reported significant growth, with many exceeding 800 billion yuan [5][9] Equity Fund Growth - E Fund, Huaxia Fund, and Huatai-PB Fund ranked as the top three in equity fund sizes, with E Fund reaching 1.29 trillion yuan [11][12] - The active equity fund segment also saw substantial growth, with E Fund leading at 312.9 billion yuan, followed by China Europe Fund and GF Fund [17][18] - Notably, Yongying Fund achieved a remarkable growth rate of 125.99% in its active equity fund size, nearing the 100 billion yuan mark [19][21] Index Fund Expansion - The total scale of public index products approached 8 trillion yuan, with non-monetary ETFs nearing 5.5 trillion yuan [16] - E Fund and Huaxia Fund were the first to surpass the 1 trillion yuan mark in index fund sizes, highlighting their dominance in the market [16][22] - The "stock-bond seesaw" effect contributed to the growth of mixed funds, further boosting the overall scale of equity funds [16][22]