A · Jan 2026
Inflows
- Overnight+46,280 Cr
- Liquid+30,682 Cr
- Gold ETF+24,040 Cr
- Other ETFs (single category)+15,006 Cr
- Money Market+12,763 Cr
Outflows
- Corporate Bond-11,473 Cr
- Short Term-2,889 Cr
- Dynamic Term-1,435 Cr
- Gilt-1,428 Cr
- Long Term-1,336 Cr
Historical comparison
Jan 2026 vs Dec 2025
Period A against period B, dataset by dataset. Fund-house assets compare quarters, never months.
Summary
A − B. Levels show a percentage change; flows can change sign, so only the absolute change is shown.
| Measure | A · Jan 2026 | B · Dec 2025 | Change | % change |
|---|---|---|---|---|
| Industry AUM | 81.01 lakh Cr | 80.23 lakh Cr | +77,927 Cr | +1.0% |
| Total net flow | +1.56 lakh Cr | -66,591 Cr | +2.23 lakh Cr | — |
| Equity net flow | +24,029 Cr | +28,054 Cr | -4,025 Cr | — |
| Debt net flow | +74,827 Cr | -1.32 lakh Cr | +2.07 lakh Cr | — |
| Hybrid net flow | +17,356 Cr | +10,756 Cr | +6,600 Cr | — |
| Passive (index funds & ETFs) net flow | +39,073 Cr | +26,577 Cr | +12,496 Cr | — |
| Other open-ended net flow | +1,223 Cr | +492 Cr | +731 Cr | — |
| SIPs, folios and NFOs | ||||
| SIP contribution | 31,002 Cr | 31,002 Cr | +0.00 Cr | +0.0% |
| SIP assets | 16.36 lakh Cr | 16.63 lakh Cr | -27,000 Cr | -1.6% |
| Contributing SIP accounts | 9.92 Cr | 9.79 Cr | +13.00 L | +1.3% |
| Folios | 26.63 Cr | 26.13 Cr | +50.60 L | +1.9% |
| NFO schemes | 12 | 23 | -11 | -47.8% |
| NFO mobilisation | 1,939 Cr | 4,074 Cr | -2,135 Cr | -52.4% |
| Equity holdings (disclosed portfolios) | ||||
| Companies in disclosed equity holdings | 1,204 | 1,214 | -10 | -0.8% |
| AMCs with disclosed holdings | 30 | 32 | -2 | -6.2% |
| Portfolios with disclosed equity | 733 | 776 | -43 | -5.5% |
“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.
Where the assets sit
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 | 34.87 lakh Cr | 43.2% | 35.73 lakh Cr | 44.7% | -1.49 pp |
| Debt | 18.90 lakh Cr | 23.4% | 18.10 lakh Cr | 22.6% | +0.78 pp |
| Hybrid | 11.01 lakh Cr | 13.6% | 11.00 lakh Cr | 13.8% | -0.13 pp |
| Index funds & ETFs | 15.02 lakh Cr | 18.6% | 14.20 lakh Cr | 17.8% | +0.84 pp |
| Overseas fund of funds | 39,229 Cr | 0.5% | 36,585 Cr | 0.5% | +0.03 pp |
| Solution oriented | 57,274 Cr | 0.7% | 58,455 Cr | 0.7% | -0.02 pp |
Asset shares move with markets as well as with flows; a rising share is not by itself an inflow.
Largest category flows in each month
Net flow · ₹ crore
B · Dec 2025
Inflows
- Other ETFs (single category)+13,199 Cr
- Gold ETF+11,647 Cr
- Flexi Cap+10,019 Cr
- Multi Asset Allocation+7,426 Cr
- Mid Cap+4,176 Cr
Outflows
- Liquid-47,308 Cr
- Money Market-40,464 Cr
- Ultra Short Term-17,648 Cr
- Ultra Short to Short Term-10,246 Cr
- Corporate Bond-7,420 Cr
Fund-house market share
Quarterly average AUM
Quarters, not months. A: latest quarter ended by Jan 2026 is Oct–Dec 2025. B: latest quarter ended by Dec 2025 is Oct–Dec 2025. Official AMC-level net-flow data is not available from the validated source. AUM movement includes both investor flows and market movement.
Both months fall after the same published quarter, so there is no fund-house change to compare. Choose months at least a quarter apart.
Holdings breadth
Disclosed equity holdings
Most widely held · Jan 2026
- HDFC Bank Limited30 AMCs
- ICICI Bank Limited30 AMCs
- State Bank of India30 AMCs
- Reliance Industries Limited30 AMCs
- Bharti Airtel Limited29 AMCs
- Larsen & Toubro Limited29 AMCs
- Bajaj Finance Limited29 AMCs
- Bharat Electronics Limited29 AMCs
- Titan Company Limited29 AMCs
- Axis Bank Limited28 AMCs
Most widely held · Dec 2025
- HDFC Bank Limited32 AMCs
- ICICI Bank Limited32 AMCs
- State Bank of India32 AMCs
- Bharti Airtel Limited31 AMCs
- Reliance Industries Limited31 AMCs
- Larsen & Toubro Limited31 AMCs
- Bajaj Finance Limited31 AMCs
- Bharat Electronics Limited31 AMCs
- Titan Company Limited31 AMCs
- Kotak Mahindra Bank Limited30 AMCs
Broader ownership · more AMCs in A than in B
Narrower ownership · fewer AMCs in A than in B
- IndusInd Bank Limited24 → 19
- Hindustan Unilever Limited27 → 23
- HDFC Asset Management Company Limited28 → 24
- Indian Railway Catering And Tourism Corporation Limited17 → 13
- Manappuram Finance Limited20 → 16
- IIFL Finance Limited16 → 12
- Computer Age Management Services Limited24 → 20
- HDFC Life Insurance Company Limited28 → 24
Number of AMCs disclosing the company. 30 AMCs reported in Jan 2026 and 32 in Dec 2025; a change in reporting coverage changes breadth too.