AMFI monthly flow · Mar 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 · Mar 2023
-4,226 Cr
All schemes, month-end to month-end
of which net flow
-19,264 Cr
Investor money, as AMFI publishes it
of which other than flow
+15,038 Cr
Market movement, distributions, other effects
Gross mobilisation · redemptions
10.16 lakh Cr
Redemptions 10.35 lakh Cr
By asset class
Open-ended schemes · canonical asset classes · ₹ crore
- Equity +20,534 Cr
- Debt -56,884 Cr
- Hybrid -12,372 Cr
- Index funds & ETFs +26,631 Cr
- Overseas fund of funds +173 Cr
- Solution oriented +224 Cr
| Asset class | Gross | Redemptions | Net flow | 3-month | 6-month | 12-month | Streak |
|---|---|---|---|---|---|---|---|
| Equity | 38,641 | 18,107 | +20,534 | +48,766 | +67,718 | +146,754 | ▲ 25 |
| Debt | 909,511 | 966,395 | -56,884 | -81,016 | -102,111 | -183,603 | ▼ 4 |
| Hybrid | 12,239 | 24,611 | -12,372 | -7,420 | -14,461 | -18,813 | ▼ 1 |
| Index funds & ETFs | 49,775 | 23,144 | +26,631 | +36,975 | +72,668 | +155,850 | ▲ 29 |
| Overseas fund of funds | 778 | 605 | +173 | +272 | +631 | +1,639 | ▲ 7 |
| Solution oriented | 378 | 154 | +224 | +583 | +1,010 | +1,836 | ▲ 27 |
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
Mar 2023Scheme category₹ crore
- 01 Index FundsPassive & other · prior month +6,244 +27,228
- 02 Corporate Bond FundDebt · prior month +662 +15,626
- 03 Banking and PSU FundDebt · prior month -260 +6,496
- 04 Dynamic Bond FundDebt · prior month +502 +5,661
- 05 Long Duration FundDebt · prior month +343 +4,675
- 06 Gilt FundDebt · prior month +451 +4,431
Largest category outflows
Mar 2023Scheme category₹ crore
- 01 Liquid FundDebt · prior month -11,304 -56,924
- 02 Arbitrage FundHybrid · prior month +64.65 -12,158
- 03 Money Market FundDebt · prior month -542 -11,422
- 04 Ultra Short Duration FundDebt · prior month -2,430 -10,281
- 05 Overnight FundDebt · prior month +2,946 -8,138
- 06 Low Duration FundDebt · prior month -1,904 -6,180
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
Mar 2023 · every category AMFI published, in ₹ crore
| Category | Group | Net flow | Previous month | Change | 3-month | 12-month | Assets | Continuity |
|---|---|---|---|---|---|---|---|---|
| Index Funds177 schemes · 3,853,245 folios | Passive & other | +27,228 | +6,244 | +20,984 | +39,286 | +95,671 | 167,517 | Since Apr 2019 |
| Corporate Bond Fund21 schemes · 617,379 folios | Debt | +15,626 | +662 | +14,964 | +13,955 | -3,446 | 130,767 | Since Apr 2019 |
| Banking and PSU Fund23 schemes · 297,318 folios | Debt | +6,496 | -260 | +6,756 | +5,063 | -16,205 | 80,517 | Since Apr 2019 |
| Dynamic Bond Fund22 schemes · 229,940 folios | Debt | +5,661 | +502 | +5,159 | +6,216 | +2,912 | 29,287 | Since Apr 2019 |
| Long Duration Fund7 schemes · 45,546 folios | Debt | +4,675 | +343 | +4,332 | +5,259 | +6,119 | 8,798 | Since Apr 2019 |
| Gilt Fund22 schemes · 176,253 folios | Debt | +4,431 | +451 | +3,980 | +4,824 | +5,472 | 21,458 | Since Apr 2019 |
| Sectoral/Thematic Funds126 schemes · 13,175,494 folios | Equity | +3,929 | +3,856 | +73.07 | +8,688 | +23,731 | 172,819 | Since Apr 2019 |
| Dividend Yield Fund9 schemes · 721,832 folios | Equity | +3,716 | +47.93 | +3,668 | +3,766 | +3,892 | 13,994 | Since Apr 2019 |
| ELSS43 schemes · 15,272,141 folios | Equity | +2,686 | +981 | +1,704 | +5,081 | +7,744 | 151,751 | Since Apr 2019 |
| Small Cap Fund24 schemes · 10,899,311 folios | Equity | +2,430 | +2,246 | +184 | +6,932 | +22,104 | 133,384 | Since Apr 2019 |
| Mid Cap Fund29 schemes · 10,612,983 folios | Equity | +2,129 | +1,817 | +312 | +5,574 | +20,206 | 183,256 | Since Apr 2019 |
| Gilt Fund with 10 year constant duration5 schemes · 42,565 folios | Debt | +1,936 | +137 | +1,799 | +2,135 | +2,423 | 3,760 | Since Apr 2019 |
| Large & Mid Cap Fund26 schemes · 7,809,179 folios | Equity | +1,619 | +1,651 | -32.14 | +5,172 | +18,221 | 127,842 | Since Apr 2019 |
| Flexi Cap Fund35 schemes · 12,701,619 folios | Equity | +1,107 | +1,802 | -695 | +3,914 | +16,961 | 241,683 | Since Jan 2021 |
| Value Fund/Contra Fund22 schemes · 4,666,901 folios | Equity | +1,044 | +713 | +331 | +2,520 | +7,744 | 90,584 | Since Apr 2019 |
| Medium Duration Fund15 schemes · 256,052 folios | Debt | +969 | -294 | +1,263 | +598 | -7,150 | 27,091 | Since Apr 2019 |
| Large Cap Fund31 schemes · 12,973,512 folios | Equity | +911 | +354 | +557 | +1,981 | +8,373 | 235,760 | Since Apr 2019 |
| Multi Cap Fund19 schemes · 4,142,895 folios | Equity | +717 | +1,977 | -1,260 | +4,467 | +11,420 | 67,338 | Since Apr 2019 |
| Multi Asset Allocation Fund11 schemes · 1,053,181 folios | Hybrid | +473 | +511 | -37.29 | +3,165 | +6,070 | 26,591 | Since Jan 2021 |
| Conservative Hybrid Fund20 schemes · 519,049 folios | Hybrid | +283 | -92.33 | +375 | +301 | +1,211 | 23,170 | Since Apr 2019 |
| Focused Fund26 schemes · 5,315,932 folios | Equity | +247 | +240 | +7.00 | +671 | +6,357 | 98,673 | Since Apr 2019 |
| Fund of funds investing overseas50 schemes · 1,302,024 folios | Passive & other | +173 | +49.53 | +123 | +272 | +1,639 | 22,991 | Since Apr 2019 |
| Credit Risk Fund15 schemes · 246,438 folios | Debt | +157 | -673 | +830 | -965 | -4,141 | 24,776 | Since Apr 2019 |
| Retirement Fund26 schemes · 2,759,419 folios | Solution oriented | +144 | +99.98 | +43.84 | +362 | +1,110 | 17,993 | Since Apr 2019 |
| Medium to Long Duration Fund12 schemes · 106,926 folios | Debt | +128 | -195 | +323 | -73.54 | -1,469 | 8,895 | Since Apr 2019 |
| Childrens Fund10 schemes · 2,927,533 folios | Solution oriented | +80.15 | +69.46 | +10.69 | +221 | +726 | 14,340 | Since Apr 2019 |
| Balanced Hybrid Fund/Aggressive Hybrid Fund31 schemes · 5,317,925 folios | Hybrid | -28.81 | +125 | -154 | +551 | +5,725 | 153,899 | Since Apr 2019 |
| GOLD ETF12 schemes · 4,699,537 folios | Passive & other | -267 | +165 | -432 | -301 | +653 | 22,737 | Since Apr 2019 |
| Short Duration Fund25 schemes · 507,214 folios | Debt | -319 | +412 | -731 | -3,766 | -28,946 | 91,239 | Since Apr 2019 |
| Other ETFs160 schemes · 12,064,198 folios | Passive & other | -331 | +28.93 | -360 | -2,011 | +59,526 | 484,277 | Since Apr 2019 |
| Dynamic Asset Allocation/Balanced Advantage Fund28 schemes · 4,447,644 folios | Hybrid | -444 | +57.81 | -502 | -604 | +4,454 | 191,810 | Since Jan 2021 |
| Equity Savings Fund22 schemes · 361,815 folios | Hybrid | -497 | -206 | -292 | -794 | -1,102 | 16,012 | Since Jan 2021 |
| Floater Fund12 schemes · 236,780 folios | Debt | -3,699 | -1,665 | -2,035 | -6,801 | -30,736 | 52,989 | Since Apr 2019 |
| Low Duration Fund21 schemes · 940,074 folios | Debt | -6,180 | -1,904 | -4,276 | -8,859 | -31,105 | 86,693 | Since Apr 2019 |
| Overnight Fund32 schemes · 628,550 folios | Debt | -8,138 | +2,946 | -11,084 | -8,880 | -14,395 | 95,626 | Since Apr 2019 |
| Ultra Short Duration Fund25 schemes · 633,103 folios | Debt | -10,281 | -2,430 | -7,851 | -10,946 | -13,663 | 79,123 | Since Apr 2019 |
| Money Market Fund22 schemes · 422,082 folios | Debt | -11,422 | -542 | -10,879 | -5,504 | -12,670 | 108,468 | Since Apr 2019 |
| Arbitrage Fund26 schemes · 445,949 folios | Hybrid | -12,158 | +64.65 | -12,222 | -10,038 | -35,171 | 67,435 | Since Apr 2019 |
| Liquid Fund36 schemes · 1,773,500 folios | Debt | -56,924 | -11,304 | -45,620 | -73,270 | -36,603 | 332,498 | 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
Mar 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
+20,534 Cr
AMFI net flow into equity-oriented open-ended schemes in Mar 2023.
Equity categories →Ownership broadened
AMCs holding- 01Data Patterns (India) Limited8 AMCs now hold it+2
- 02Keystone Realtors Limited6 AMCs now hold it+2
- 03AWL Agri Business Limited6 AMCs now hold it+2
- 04Bikaji Foods International Limited6 AMCs now hold it+1
- 05Craftsman Automation Limited7 AMCs now hold it+1
- 06IDFC LIMITED13 AMCs now hold it+1
- 07Ingersoll Rand (India) Limited4 AMCs now hold it+1
- 08Varun Beverages Limited13 AMCs now hold it+1
Ownership narrowed
AMCs holding- 01Firstsource Solutions Limited4 AMCs now hold it-7
- 02One 97 Communications Limited6 AMCs now hold it-6
- 03Gland Pharma Limited7 AMCs now hold it-5
- 04Metropolis Healthcare Limited6 AMCs now hold it-5
- 05Latent View Analytics Limited3 AMCs now hold it-4
- 06Symphony Limited2 AMCs now hold it-4
- 07Exide Industries Limited8 AMCs now hold it-4
- 08FSN E-Commerce Ventures Limited10 AMCs now hold it-4
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 →