AMFI monthly flow · Jan 2023
Monthly mutual fund flows
Official investor money into and out of Indian mutual fund schemes, as published by AMFI. A separate dataset from the disclosed holdings on the rest of this site.
Net flow is funds mobilised less repurchase and redemption, as published. Assets under management move with market prices as well as with investor money, so an increase in assets is not evidence of an inflow. How this data works →
AUM change · Jan 2023
-26,330 Cr
All schemes, month-end to month-end
of which net flow
+11,373 Cr
Investor money, as AMFI publishes it
of which other than flow
-37,703 Cr
Market movement, distributions, other effects
Gross mobilisation · redemptions
8.68 lakh Cr
Redemptions 8.56 lakh Cr
By asset class
Open-ended schemes · canonical asset classes · ₹ crore
- Equity +12,547 Cr
- Debt -10,316 Cr
- Hybrid +4,492 Cr
- Index funds & ETFs +3,905 Cr
- Overseas fund of funds +49.83 Cr
- Solution oriented +189 Cr
| Asset class | Gross | Redemptions | Net flow | 3-month | 6-month | 12-month | Streak |
|---|---|---|---|---|---|---|---|
| Equity | 29,433 | 16,887 | +12,547 | +22,108 | +51,718 | +158,702 | ▲ 23 |
| Debt | 797,123 | 807,439 | -10,316 | -28,594 | -47,620 | -236,001 | ▼ 2 |
| Hybrid | 16,193 | 11,701 | +4,492 | +270 | -11,839 | -7,328 | ▲ 2 |
| Index funds & ETFs | 23,025 | 19,120 | +3,905 | +29,531 | +68,220 | +158,496 | ▲ 27 |
| Overseas fund of funds | 579 | 529 | +49.83 | +216 | +479 | +1,627 | ▲ 5 |
| Solution oriented | 360 | 171 | +189 | +445 | +923 | +1,748 | ▲ 25 |
Passive is index funds and ETFs; overseas fund of funds is shown on its own. Streak counts consecutive months of inflow (▲) or outflow (▼).
Flow and asset history
Apr 2019 onward · 89 published months
Loading published flow history…
Largest category inflows
Jan 2023Scheme category₹ crore
- 01 Money Market FundDebt · prior month -916 +6,460
- 02 Index FundsPassive & other · prior month +6,737 +5,813
- 03 Small Cap FundEquity · prior month +2,245 +2,256
- 04 Multi Asset Allocation FundHybrid · prior month +1,711 +2,182
- 05 Arbitrage FundHybrid · prior month +883 +2,055
- 06 Large & Mid Cap FundEquity · prior month +1,190 +1,902
Largest category outflows
Jan 2023Scheme category₹ crore
- 01 Liquid FundDebt · prior month -13,852 -5,042
- 02 Short Duration FundDebt · prior month -783 -3,859
- 03 Overnight FundDebt · prior month -1,254 -3,688
- 04 Corporate Bond FundDebt · prior month -713 -2,333
- 05 Other ETFsPassive & other · prior month +8,788 -1,709
- 06 Floater FundDebt · prior month -2,240 -1,438
Ranked on AMFI net flow for the selected month. These are investor subscriptions less redemptions in a scheme category — not buying or selling of any company’s shares.
Open-ended scheme categories
Jan 2023 · every category AMFI published, in ₹ crore
| Category | Group | Net flow | Previous month | Change | 3-month | 12-month | Assets | Continuity |
|---|---|---|---|---|---|---|---|---|
| Money Market Fund22 schemes · 428,094 folios | Debt | +6,460 | -916 | +7,376 | +10,486 | -6,848 | 118,388 | Since Apr 2019 |
| Index Funds152 schemes · 3,389,328 folios | Passive & other | +5,813 | +6,737 | -923 | +21,151 | +80,259 | 133,772 | Since Apr 2019 |
| Small Cap Fund24 schemes · 10,430,356 folios | Equity | +2,256 | +2,245 | +11.08 | +5,879 | +20,553 | 130,890 | Since Apr 2019 |
| Multi Asset Allocation Fund11 schemes · 1,005,254 folios | Hybrid | +2,182 | +1,711 | +470 | +3,979 | +5,484 | 25,934 | Since Jan 2021 |
| Arbitrage Fund26 schemes · 462,351 folios | Hybrid | +2,055 | +883 | +1,171 | -1,137 | -30,211 | 76,803 | Since Apr 2019 |
| Large & Mid Cap Fund26 schemes · 7,675,827 folios | Equity | +1,902 | +1,190 | +712 | +3,684 | +20,152 | 126,581 | Since Apr 2019 |
| Multi Cap Fund17 schemes · 3,922,006 folios | Equity | +1,773 | +676 | +1,097 | +2,620 | +19,006 | 66,100 | Since Apr 2019 |
| Ultra Short Duration Fund25 schemes · 644,605 folios | Debt | +1,765 | +1,737 | +28.13 | +620 | -5,107 | 90,804 | Since Apr 2019 |
| Mid Cap Fund29 schemes · 10,369,025 folios | Equity | +1,628 | +1,962 | -334 | +4,767 | +20,408 | 183,063 | Since Apr 2019 |
| ELSS42 schemes · 14,830,370 folios | Equity | +1,414 | +564 | +850 | +1,724 | +7,852 | 151,167 | Since Apr 2019 |
| Flexi Cap Fund33 schemes · 12,587,368 folios | Equity | +1,006 | +403 | +602 | +546 | +20,476 | 241,787 | Since Jan 2021 |
| Sectoral/Thematic Funds123 schemes · 12,994,142 folios | Equity | +903 | -204 | +1,107 | +2,079 | +19,694 | 167,666 | Since Apr 2019 |
| Value Fund/Contra Fund22 schemes · 4,535,765 folios | Equity | +763 | +648 | +115 | +1,535 | +7,594 | 90,345 | Since Apr 2019 |
| Large Cap Fund31 schemes · 12,945,224 folios | Equity | +716 | -26.37 | +742 | -349 | +12,499 | 238,101 | Since Apr 2019 |
| Balanced Hybrid Fund/Aggressive Hybrid Fund31 schemes · 5,306,549 folios | Hybrid | +454 | +59.11 | +395 | -20.57 | +7,695 | 155,606 | Since Apr 2019 |
| Long Duration Fund6 schemes · 39,497 folios | Debt | +240 | +324 | -84.02 | +733 | +1,031 | 3,719 | Since Apr 2019 |
| Focused Fund26 schemes · 5,322,806 folios | Equity | +183 | -164 | +348 | -265 | +10,136 | 100,331 | Since Apr 2019 |
| Retirement Fund26 schemes · 2,747,498 folios | Solution oriented | +118 | +98.78 | +19.48 | +254 | +1,049 | 17,791 | Since Apr 2019 |
| Conservative Hybrid Fund20 schemes · 519,088 folios | Hybrid | +110 | +130 | -20.33 | +154 | +1,244 | 22,840 | Since Apr 2019 |
| Childrens Fund10 schemes · 2,920,516 folios | Solution oriented | +71.16 | +63.56 | +7.60 | +190 | +699 | 14,155 | Since Apr 2019 |
| Gilt Fund with 10 year constant duration5 schemes · 41,972 folios | Debt | +62.41 | -1.14 | +63.54 | +103 | +258 | 1,661 | Since Apr 2019 |
| Dynamic Bond Fund22 schemes · 219,116 folios | Debt | +53.18 | -346 | +399 | +52.04 | -5,841 | 22,833 | Since Apr 2019 |
| Fund of funds investing overseas49 schemes · 1,257,035 folios | Passive & other | +49.83 | +146 | -96.25 | +216 | +1,627 | 22,138 | Since Apr 2019 |
| Dividend Yield Fund8 schemes · 594,130 folios | Equity | +2.18 | +9.39 | -7.21 | -112 | +335 | 10,252 | Since Apr 2019 |
| Medium to Long Duration Fund12 schemes · 106,677 folios | Debt | -6.75 | -69.70 | +62.95 | -186 | -5,377 | 8,851 | Since Apr 2019 |
| Gilt Fund22 schemes · 170,646 folios | Debt | -56.90 | -1.36 | -55.54 | +141 | -374 | 16,330 | Since Apr 2019 |
| Medium Duration Fund15 schemes · 253,176 folios | Debt | -76.30 | -1,800 | +1,724 | -2,340 | -9,687 | 26,112 | Since Apr 2019 |
| Equity Savings Fund22 schemes · 363,281 folios | Hybrid | -90.77 | -116 | +24.93 | -481 | -218 | 16,749 | Since Jan 2021 |
| GOLD ETF11 schemes · 4,673,999 folios | Passive & other | -199 | -273 | +73.76 | -667 | +711 | 21,836 | Since Apr 2019 |
| Dynamic Asset Allocation/Balanced Advantage Fund27 schemes · 4,433,648 folios | Hybrid | -218 | -413 | +196 | -2,226 | +8,678 | 192,688 | Since Jan 2021 |
| Credit Risk Fund15 schemes · 249,244 folios | Debt | -449 | -276 | -173 | -929 | -4,412 | 25,018 | Since Apr 2019 |
| Low Duration Fund21 schemes · 964,472 folios | Debt | -776 | -403 | -372 | -1,263 | -36,949 | 93,645 | Since Apr 2019 |
| Banking and PSU Fund23 schemes · 300,675 folios | Debt | -1,173 | -1,353 | +180 | -4,390 | -34,093 | 73,409 | Since Apr 2019 |
| Floater Fund12 schemes · 243,940 folios | Debt | -1,438 | -2,240 | +802 | -3,998 | -43,033 | 57,661 | Since Apr 2019 |
| Other ETFs152 schemes · 11,854,687 folios | Passive & other | -1,709 | +8,788 | -10,497 | +9,047 | +77,526 | 487,067 | Since Apr 2019 |
| Corporate Bond Fund21 schemes · 611,046 folios | Debt | -2,333 | -713 | -1,620 | +420 | -41,920 | 113,810 | Since Apr 2019 |
| Overnight Fund32 schemes · 623,131 folios | Debt | -3,688 | -1,254 | -2,434 | -36,870 | -20,759 | 99,542 | Since Apr 2019 |
| Short Duration Fund25 schemes · 511,060 folios | Debt | -3,859 | -783 | -3,076 | -6,556 | -50,186 | 90,305 | Since Apr 2019 |
| Liquid Fund36 schemes · 1,781,851 folios | Debt | -5,042 | -13,852 | +8,810 | +15,383 | +27,295 | 395,700 | Since Apr 2019 |
Close-ended and interval schemes are published separately by AMFI and are not listed here; they are included in the industry totals above.
Flows and holdings, side by side
Jan 2023 · two separate datasets
Not attribution. Category flows and security-level holding changes are separate datasets and cannot be directly attributed without transaction-level evidence. Nothing below allocates flow to any company.
Equity category money
+12,547 Cr
AMFI net flow into equity-oriented open-ended schemes in Jan 2023.
Equity categories →Ownership broadened
AMCs holding- 01Aarti Industries Limited8 AMCs now hold it+5
- 02State Bank of India18 AMCs now hold it+4
- 03Hindustan Petroleum Corporation Limited16 AMCs now hold it+4
- 04Abbott India Limited14 AMCs now hold it+4
- 05Bharat Forge Limited15 AMCs now hold it+4
- 06Reliance Industries Limited19 AMCs now hold it+3
- 07Bharat Petroleum Corporation Limited18 AMCs now hold it+3
- 08Hindalco Industries Limited18 AMCs now hold it+3
Ownership narrowed
AMCs holdingOwnership breadth is the number of asset managers whose disclosed portfolios held the company at month-end, compared with the previous month-end, excluding companies under corporate-action review. It counts holders; it is not money and it is not buying. Full holdings activity →
How to read these flows
Flow is not holdings activity. AMFI net flow is investor money entering or leaving a scheme category. The rest of this site describes shares that portfolios disclosed at consecutive month-ends. The two are sourced differently, answer different questions, and are never combined.
AMFI publishes these figures for the industry and for each SEBI scheme category. It does not publish flow by asset management company in this report, so none is shown. Category flow begins in April 2019, when the report adopted the SEBI categories; earlier months use a sponsor-group report with a different taxonomy and are not carried.
AMFI re-labelled the category tree in August 2026, splitting value from contra, sectoral from thematic, and index and exchange traded funds by asset class. A renamed category starts a new series rather than inheriting the history of the old name, which is why some rows show no previous month.
Full methodology →