A · Apr 2026
Inflows
- Liquid+1.65 lakh Cr
- Overnight+31,420 Cr
- Money Market+20,643 Cr
- Ultra Short Term+15,652 Cr
- Arbitrage+12,378 Cr
Outflows
- Gilt-1,048 Cr
- Long Term-727 Cr
- Dynamic Term-705 Cr
- Banking and PSU Debt-694 Cr
- ELSS (Tax Saver)-568 Cr
Historical comparison
Apr 2026 vs Apr 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 · Apr 2026 | B · Apr 2025 | Change | % change |
|---|---|---|---|---|
| Industry AUM | 81.92 lakh Cr | 70.00 lakh Cr | +11.93 lakh Cr | +17.0% |
| Total net flow | +3.22 lakh Cr | +2.77 lakh Cr | +45,576 Cr | — |
| Equity net flow | +38,440 Cr | +24,269 Cr | +14,171 Cr | — |
| Debt net flow | +2.47 lakh Cr | +2.19 lakh Cr | +28,354 Cr | — |
| Hybrid net flow | +20,565 Cr | +14,248 Cr | +6,318 Cr | — |
| Passive (index funds & ETFs) net flow | +18,421 Cr | +20,606 Cr | -2,185 Cr | — |
| Other open-ended net flow | +1,968 Cr | -171 Cr | +2,139 Cr | — |
| SIPs, folios and NFOs | ||||
| SIP contribution | 31,115 Cr | 26,632 Cr | +4,483 Cr | +16.8% |
| SIP assets | 16.85 lakh Cr | 13.90 lakh Cr | +2.95 lakh Cr | +21.2% |
| Contributing SIP accounts | 9.65 Cr | 8.38 Cr | +1.27 Cr | +15.2% |
| Folios | 27.53 Cr | 23.63 Cr | +3.90 Cr | +16.5% |
| NFO schemes | 11 | 7 | +4 | +57.1% |
| NFO mobilisation | 828 Cr | 350 Cr | +478 Cr | +136.6% |
| Equity holdings (disclosed portfolios) | ||||
| Companies in disclosed equity holdings | 1,235 | 1,065 | +170 | +16.0% |
| AMCs with disclosed holdings | 37 | 27 | +10 | +37.0% |
| Portfolios with disclosed equity | 905 | 669 | +236 | +35.3% |
“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 | 35.74 lakh Cr | 43.7% | 30.58 lakh Cr | 43.8% | -0.10 pp |
| Debt | 19.14 lakh Cr | 23.4% | 17.57 lakh Cr | 25.2% | -1.77 pp |
| Hybrid | 11.06 lakh Cr | 13.5% | 9.15 lakh Cr | 13.1% | +0.42 pp |
| Index funds & ETFs | 14.74 lakh Cr | 18.0% | 11.67 lakh Cr | 16.7% | +1.31 pp |
| Overseas fund of funds | 45,445 Cr | 0.6% | 24,836 Cr | 0.4% | +0.20 pp |
| Solution oriented | 57,615 Cr | 0.7% | 52,682 Cr | 0.8% | -0.05 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 · Apr 2025
Inflows
- Liquid+1.19 lakh Cr
- Money Market+31,507 Cr
- Ultra Short Term+26,734 Cr
- Overnight+23,900 Cr
- Other ETFs (single category)+19,057 Cr
Outflows
- Gilt-425 Cr
- Fund of Funds investing overseas-377 Cr
- ELSS (Tax Saver)-372 Cr
- Credit Risk-302 Cr
- Conservative Hybrid-236 Cr
Fund-house market share
Quarterly average AUM
Quarters, not months. A: latest quarter ended by Apr 2026 is Jan–Mar 2026. B: latest quarter ended by Apr 2025 is Jan–Mar 2025. 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 · Jan–Mar 2026 | Share · Jan–Mar 2025 | Change | Rank |
|---|---|---|---|---|
| SBI Mutual Fund | 15.31% | 15.91% | -0.61 pp | 1 |
| ICICI Prudential Mutual Fund | 13.54% | 13.04% | +0.49 pp | 2 |
| HDFC Mutual Fund | 11.37% | 11.48% | -0.11 pp | 3 |
| Nippon India Mutual Fund | 8.89% | 8.26% | +0.63 pp | 4 |
| Kotak Mahindra Mutual Fund | 7.12% | 7.16% | -0.03 pp | 5 |
| Aditya Birla Sun Life Mutual Fund | 5.35% | 5.66% | -0.32 pp | 6 |
| UTI Mutual Fund | 4.76% | 5.04% | -0.27 pp | 7 |
| Axis Mutual Fund | 4.41% | 4.77% | -0.36 pp | 8 |
| Tata Mutual Fund | 2.79% | 2.78% | +0.01 pp | 9 |
| DSP Mutual Fund | 2.76% | 2.78% | -0.01 pp | 10 |
Gained share
- Nippon India Mutual Fund+0.63 pp
- ICICI Prudential Mutual Fund+0.49 pp
- PPFAS Mutual Fund+0.36 pp
- Motilal Oswal Mutual Fund+0.24 pp
- WhiteOak Capital Mutual Fund+0.16 pp
- Invesco Mutual Fund+0.14 pp
Lost share
- SBI Mutual Fund-0.61 pp
- Axis Mutual Fund-0.36 pp
- Aditya Birla Sun Life Mutual Fund-0.32 pp
- UTI Mutual Fund-0.27 pp
- quant Mutual Fund-0.23 pp
- HSBC Mutual Fund-0.18 pp
Fund houses present in both quarters. A merged house’s series ends; nothing is added to the acquirer.
Holdings breadth
Disclosed equity holdings
Most widely held · Apr 2026
- ICICI Bank Limited36 AMCs
- HDFC Bank Limited36 AMCs
- Larsen & Toubro Limited36 AMCs
- Bharat Electronics Limited36 AMCs
- NTPC Limited36 AMCs
- Tata Steel Limited36 AMCs
- State Bank of India35 AMCs
- Bharti Airtel Limited35 AMCs
- Reliance Industries Limited35 AMCs
- Axis Bank Limited35 AMCs
Most widely held · Apr 2025
- Infosys Limited26 AMCs
- Reliance Industries Limited26 AMCs
- Bharti Airtel Limited26 AMCs
- InterGlobe Aviation Limited26 AMCs
- HDFC Life Insurance Company Limited26 AMCs
- HDFC Bank Limited25 AMCs
- ICICI Bank Limited25 AMCs
- Axis Bank Limited25 AMCs
- Kotak Mahindra Bank Limited25 AMCs
- NTPC Limited25 AMCs
Broader ownership · more AMCs in A than in B
- Sammaan Capital Limited7 → 24
- Ather Energy Limited5 → 20
- SAGILITY LIMITED7 → 22
- City Union Bank Limited12 → 27
- Karur Vysya Bank Limited14 → 28
- National Aluminium Company Limited15 → 29
- Tata Steel Limited23 → 36
- FORCE MOTORS LTD4 → 17
Narrower ownership · fewer AMCs in A than in B
Number of AMCs disclosing the company. 37 AMCs reported in Apr 2026 and 27 in Apr 2025; a change in reporting coverage changes breadth too.