AMFI monthly flow · Feb 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 · Feb 2023
-16,149 Cr
All schemes, month-end to month-end
of which net flow
+9,575 Cr
Investor money, as AMFI publishes it
of which other than flow
-25,724 Cr
Market movement, distributions, other effects
Gross mobilisation · redemptions
7.97 lakh Cr
Redemptions 7.88 lakh Cr
By asset class
Open-ended schemes · canonical asset classes · ₹ crore
- Equity +15,686 Cr
- Debt -13,815 Cr
- Hybrid +460 Cr
- Index funds & ETFs +6,439 Cr
- Overseas fund of funds +49.53 Cr
- Solution oriented +169 Cr
| Asset class | Gross | Redemptions | Net flow | 3-month | 6-month | 12-month | Streak |
|---|---|---|---|---|---|---|---|
| Equity | 32,476 | 16,790 | +15,686 | +35,535 | +61,284 | +154,683 | ▲ 24 |
| Debt | 726,989 | 740,804 | -13,815 | -46,078 | -110,600 | -241,542 | ▼ 3 |
| Hybrid | 11,319 | 10,859 | +460 | +7,208 | -4,777 | -10,045 | ▲ 3 |
| Index funds & ETFs | 24,586 | 18,147 | +6,439 | +25,595 | +59,492 | +148,644 | ▲ 28 |
| Overseas fund of funds | 444 | 395 | +49.53 | +245 | +627 | +1,446 | ▲ 6 |
| Solution oriented | 321 | 152 | +169 | +521 | +999 | +1,753 | ▲ 26 |
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
Feb 2023Scheme category₹ crore
- 01 Index FundsPassive & other · prior month +5,813 +6,244
- 02 Sectoral/Thematic FundsEquity · prior month +903 +3,856
- 03 Overnight FundDebt · prior month -3,688 +2,946
- 04 Small Cap FundEquity · prior month +2,256 +2,246
- 05 Multi Cap FundEquity · prior month +1,773 +1,977
- 06 Mid Cap FundEquity · prior month +1,628 +1,817
Largest category outflows
Feb 2023Scheme category₹ crore
- 01 Liquid FundDebt · prior month -5,042 -11,304
- 02 Ultra Short Duration FundDebt · prior month +1,765 -2,430
- 03 Low Duration FundDebt · prior month -776 -1,904
- 04 Floater FundDebt · prior month -1,438 -1,665
- 05 Credit Risk FundDebt · prior month -449 -673
- 06 Money Market FundDebt · prior month +6,460 -542
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
Feb 2023 · every category AMFI published, in ₹ crore
| Category | Group | Net flow | Previous month | Change | 3-month | 12-month | Assets | Continuity |
|---|---|---|---|---|---|---|---|---|
| Index Funds163 schemes · 3,582,822 folios | Passive & other | +6,244 | +5,813 | +431 | +18,794 | +80,756 | 138,814 | Since Apr 2019 |
| Sectoral/Thematic Funds125 schemes · 13,118,546 folios | Equity | +3,856 | +903 | +2,953 | +4,556 | +20,109 | 168,775 | Since Apr 2019 |
| Overnight Fund32 schemes · 628,847 folios | Debt | +2,946 | -3,688 | +6,634 | -1,996 | -19,109 | 103,091 | Since Apr 2019 |
| Small Cap Fund24 schemes · 10,671,838 folios | Equity | +2,246 | +2,256 | -9.55 | +6,747 | +21,369 | 131,568 | Since Apr 2019 |
| Multi Cap Fund18 schemes · 4,075,693 folios | Equity | +1,977 | +1,773 | +204 | +4,427 | +20,398 | 66,875 | Since Apr 2019 |
| Mid Cap Fund29 schemes · 10,499,596 folios | Equity | +1,817 | +1,628 | +189 | +5,407 | +20,270 | 183,246 | Since Apr 2019 |
| Flexi Cap Fund35 schemes · 12,664,386 folios | Equity | +1,802 | +1,006 | +796 | +3,211 | +18,404 | 240,791 | Since Jan 2021 |
| Large & Mid Cap Fund26 schemes · 7,748,622 folios | Equity | +1,651 | +1,902 | -251 | +4,742 | +19,767 | 126,648 | Since Apr 2019 |
| ELSS42 schemes · 14,968,197 folios | Equity | +981 | +1,414 | -433 | +2,959 | +7,735 | 149,998 | Since Apr 2019 |
| Value Fund/Contra Fund22 schemes · 4,602,572 folios | Equity | +713 | +763 | -50.13 | +2,125 | +7,470 | 89,510 | Since Apr 2019 |
| Corporate Bond Fund21 schemes · 608,447 folios | Debt | +662 | -2,333 | +2,995 | -2,385 | -31,040 | 114,845 | Since Apr 2019 |
| Multi Asset Allocation Fund11 schemes · 1,031,458 folios | Hybrid | +511 | +2,182 | -1,671 | +4,404 | +5,790 | 25,948 | Since Jan 2021 |
| Dynamic Bond Fund22 schemes · 220,176 folios | Debt | +502 | +53.18 | +448 | +209 | -3,634 | 23,365 | Since Apr 2019 |
| Gilt Fund22 schemes · 171,155 folios | Debt | +451 | -56.90 | +508 | +393 | +541 | 16,795 | Since Apr 2019 |
| Short Duration Fund25 schemes · 507,846 folios | Debt | +412 | -3,859 | +4,270 | -4,230 | -37,682 | 90,970 | Since Apr 2019 |
| Large Cap Fund31 schemes · 12,963,430 folios | Equity | +354 | +716 | -362 | +1,043 | +10,514 | 235,168 | Since Apr 2019 |
| Long Duration Fund6 schemes · 40,448 folios | Debt | +343 | +240 | +103 | +908 | +1,433 | 4,081 | Since Apr 2019 |
| Focused Fund26 schemes · 5,321,370 folios | Equity | +240 | +183 | +56.94 | +259 | +8,420 | 99,014 | Since Apr 2019 |
| GOLD ETF12 schemes · 4,693,916 folios | Passive & other | +165 | -199 | +365 | -307 | +1,125 | 21,400 | Since Apr 2019 |
| Gilt Fund with 10 year constant duration5 schemes · 41,728 folios | Debt | +137 | +62.41 | +74.67 | +198 | +414 | 1,797 | Since Apr 2019 |
| Balanced Hybrid Fund/Aggressive Hybrid Fund31 schemes · 5,316,109 folios | Hybrid | +125 | +454 | -329 | +639 | +6,910 | 153,637 | Since Apr 2019 |
| Retirement Fund26 schemes · 2,753,542 folios | Solution oriented | +99.98 | +118 | -18.27 | +317 | +1,041 | 17,811 | Since Apr 2019 |
| Childrens Fund10 schemes · 2,924,260 folios | Solution oriented | +69.46 | +71.16 | -1.70 | +204 | +712 | 14,170 | Since Apr 2019 |
| Arbitrage Fund26 schemes · 458,666 folios | Hybrid | +64.65 | +2,055 | -1,990 | +3,003 | -29,810 | 77,229 | Since Apr 2019 |
| Dynamic Asset Allocation/Balanced Advantage Fund28 schemes · 4,445,077 folios | Hybrid | +57.81 | -218 | +276 | -573 | +6,618 | 191,440 | Since Jan 2021 |
| Fund of funds investing overseas49 schemes · 1,274,592 folios | Passive & other | +49.53 | +49.83 | -0.29 | +245 | +1,446 | 21,893 | Since Apr 2019 |
| Dividend Yield Fund8 schemes · 596,908 folios | Equity | +47.93 | +2.18 | +45.75 | +59.50 | +226 | 10,183 | Since Apr 2019 |
| Other ETFs155 schemes · 11,963,506 folios | Passive & other | +28.93 | -1,709 | +1,738 | +7,108 | +66,764 | 481,776 | Since Apr 2019 |
| Conservative Hybrid Fund20 schemes · 518,630 folios | Hybrid | -92.33 | +110 | -202 | +148 | +1,202 | 22,716 | Since Apr 2019 |
| Medium to Long Duration Fund12 schemes · 106,466 folios | Debt | -195 | -6.75 | -188 | -271 | -2,665 | 8,664 | Since Apr 2019 |
| Equity Savings Fund22 schemes · 363,214 folios | Hybrid | -206 | -90.77 | -115 | -412 | -754 | 16,445 | Since Jan 2021 |
| Banking and PSU Fund23 schemes · 298,204 folios | Debt | -260 | -1,173 | +913 | -2,786 | -30,699 | 73,324 | Since Apr 2019 |
| Medium Duration Fund15 schemes · 252,439 folios | Debt | -294 | -76.30 | -218 | -2,171 | -8,920 | 25,867 | Since Apr 2019 |
| Money Market Fund22 schemes · 427,033 folios | Debt | -542 | +6,460 | -7,002 | +5,002 | -6,735 | 118,620 | Since Apr 2019 |
| Credit Risk Fund15 schemes · 247,040 folios | Debt | -673 | -449 | -224 | -1,398 | -4,697 | 24,410 | Since Apr 2019 |
| Floater Fund12 schemes · 241,031 folios | Debt | -1,665 | -1,438 | -227 | -5,342 | -34,375 | 56,324 | Since Apr 2019 |
| Low Duration Fund21 schemes · 955,013 folios | Debt | -1,904 | -776 | -1,128 | -3,083 | -33,871 | 92,215 | Since Apr 2019 |
| Ultra Short Duration Fund25 schemes · 642,322 folios | Debt | -2,430 | +1,765 | -4,195 | +1,072 | -6,222 | 88,805 | Since Apr 2019 |
| Liquid Fund36 schemes · 1,786,569 folios | Debt | -11,304 | -5,042 | -6,263 | -30,198 | -24,283 | 386,490 | 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
Feb 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
+15,686 Cr
AMFI net flow into equity-oriented open-ended schemes in Feb 2023.
Equity categories →Ownership broadened
AMCs holding- 01Shriram Finance Limited10 AMCs now hold it+4
- 02Equitas Small Finance Bank Limited8 AMCs now hold it+3
- 03Piramal Pharma Limited5 AMCs now hold it+3
- 04Metropolis Healthcare Limited11 AMCs now hold it+2
- 05LIC Housing Finance Limited13 AMCs now hold it+2
- 06Delta Corp Limited11 AMCs now hold it+2
- 07PVR INOX Limited11 AMCs now hold it+2
- 08Central Depository Services (India) Limited10 AMCs now hold it+2
Ownership narrowed
AMCs holding- 01Bank of Baroda15 AMCs now hold it-2
- 02Ambuja Cements Limited14 AMCs now hold it-2
- 03Aarti Pharmalabs Limited3 AMCs now hold it-2
- 04NMDC Steel Limited7 AMCs now hold it-2
- 05Bharat Dynamics Limited9 AMCs now hold it-2
- 06Multi Commodity Exchange of India Limited14 AMCs now hold it-2
- 07Mahindra & Mahindra Financial Services Limited8 AMCs now hold it-2
- 08Siemens Limited13 AMCs now hold it-1
Ownership 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 →