Historical comparison
Period A against period B, dataset by dataset. Fund-house assets compare quarters, never months.
A − B. Levels show a percentage change; flows can change sign, so only the absolute change is shown.
| Measure | A · Dec 2025 | B · Dec 2024 | Change | % change |
|---|---|---|---|---|
| Industry AUM | 80.23 lakh Cr | 66.93 lakh Cr | +13.30 lakh Cr | +19.9% |
| Total net flow | -66,591 Cr | -80,355 Cr | +13,764 Cr | — |
| Equity net flow | +28,054 Cr | +41,156 Cr | -13,102 Cr | — |
| Debt net flow | -1.32 lakh Cr | -1.27 lakh Cr | -5,258 Cr | — |
| Hybrid net flow | +10,756 Cr | +4,370 Cr | +6,386 Cr | — |
| Passive (index funds & ETFs) net flow | +26,577 Cr | +868 Cr | +25,709 Cr | — |
| Other open-ended net flow | +492 Cr | +250 Cr | +242 Cr | — |
| SIPs, folios and NFOs | ||||
| SIP contribution | 31,002 Cr | 26,459 Cr | +4,543 Cr | +17.2% |
| SIP assets | 16.63 lakh Cr | 13.63 lakh Cr | +3.00 lakh Cr | +22.0% |
| Contributing SIP accounts | 9.79 Cr | 8.27 Cr | +1.52 Cr | +18.4% |
| Folios | 26.13 Cr | 22.50 Cr | +3.63 Cr | +16.1% |
| NFO schemes | 23 | 34 | -11 | -32.4% |
| NFO mobilisation | 4,074 Cr | 13,852 Cr | -9,778 Cr | -70.6% |
| Equity holdings (disclosed portfolios) | ||||
| Companies in disclosed equity holdings | 1,214 | 1,067 | +147 | +13.8% |
| AMCs with disclosed holdings | 32 | 24 | +8 | +33.3% |
| Portfolios with disclosed equity | 776 | 627 | +149 | +23.8% |
“Not published”: AMFI or the disclosures do not cover that month for this dataset (for example SIP before June 2024, holdings before January 2022). It is never treated as zero.
Open-ended AUM by asset class, and each class’s share of the open-ended total
| Asset class | AUM · A | Share · A | AUM · B | Share · B | Share change |
|---|---|---|---|---|---|
| Equity | 35.73 lakh Cr | 44.7% | 30.58 lakh Cr | 45.9% | -1.20 pp |
| Debt | 18.10 lakh Cr | 22.6% | 15.67 lakh Cr | 23.5% | -0.88 pp |
| Hybrid | 11.00 lakh Cr | 13.8% | 8.77 lakh Cr | 13.1% | +0.61 pp |
| Index funds & ETFs | 14.20 lakh Cr | 17.8% | 10.85 lakh Cr | 16.3% | +1.48 pp |
| Overseas fund of funds | 36,585 Cr | 0.5% | 26,613 Cr | 0.4% | +0.06 pp |
| Solution oriented | 58,455 Cr | 0.7% | 52,856 Cr | 0.8% | -0.06 pp |
Asset shares move with markets as well as with flows; a rising share is not by itself an inflow.
Net flow · ₹ crore
Quarterly average AUM
Quarters, not months. A: latest quarter ended by Dec 2025 is Oct–Dec 2025. B: latest quarter ended by Dec 2024 is Oct–Dec 2024. Official AMC-level net-flow data is not available from the validated source. AUM movement includes both investor flows and market movement.
| Fund house | Share · Oct–Dec 2025 | Share · Oct–Dec 2024 | Change | Rank |
|---|---|---|---|---|
| SBI Mutual Fund | 15.42% | 16.23% | -0.82 pp | 1 |
| ICICI Prudential Mutual Fund | 13.29% | 12.74% | +0.55 pp | 2 |
| HDFC Mutual Fund | 11.42% | 11.48% | -0.06 pp | 3 |
| Nippon India Mutual Fund | 8.65% | 8.31% | +0.35 pp | 4 |
| Kotak Mahindra Mutual Fund | 7.08% | 7.12% | -0.05 pp | 5 |
| Aditya Birla Sun Life Mutual Fund | 5.47% | 5.59% | -0.12 pp | 6 |
| UTI Mutual Fund | 4.86% | 5.14% | -0.27 pp | 7 |
| Axis Mutual Fund | 4.45% | 4.75% | -0.30 pp | 8 |
| Tata Mutual Fund | 2.77% | 2.74% | +0.03 pp | 9was 11 |
| Mirae Asset Mutual Fund | 2.76% | 2.83% | -0.07 pp | 10was 9 |
Fund houses present in both quarters. A merged house’s series ends; nothing is added to the acquirer.
Disclosed equity holdings
Number of AMCs disclosing the company. 32 AMCs reported in Dec 2025 and 24 in Dec 2024; a change in reporting coverage changes breadth too.