AMFI monthly flow · Sep 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 · Sep 2023
-5,725 Cr
All schemes, month-end to month-end
of which net flow
-66,192 Cr
Investor money, as AMFI publishes it
of which other than flow
+60,467 Cr
Market movement, distributions, other effects
Gross mobilisation · redemptions
8.88 lakh Cr
Redemptions 9.55 lakh Cr
By asset class
Open-ended schemes · canonical asset classes · ₹ crore
- Equity +14,091 Cr
- Debt -1.02 lakh Cr
- Hybrid +18,650 Cr
- Index funds & ETFs +5,100 Cr
- Overseas fund of funds -380 Cr
- Solution oriented +168 Cr
| Asset class | Gross | Redemptions | Net flow | 3-month | 6-month | 12-month | Streak |
|---|---|---|---|---|---|---|---|
| Equity | 42,155 | 28,064 | +14,091 | +41,962 | +60,321 | +128,039 | ▲ 31 |
| Debt | 792,330 | 893,842 | -101,512 | -65,944 | +72,557 | -29,555 | ▼ 2 |
| Hybrid | 36,809 | 18,158 | +18,650 | +48,153 | +62,174 | +47,713 | ▲ 6 |
| Index funds & ETFs | 16,465 | 11,365 | +5,100 | +11,288 | +25,653 | +98,322 | ▲ 35 |
| Overseas fund of funds | 265 | 645 | -380 | -1,174 | -2,049 | -1,418 | ▼ 6 |
| Solution oriented | 356 | 188 | +168 | +479 | +898 | +1,908 | ▲ 33 |
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
Sep 2023Scheme category₹ crore
- 01 Arbitrage FundHybrid · prior month +9,483 +10,176
- 02 Multi Asset Allocation FundHybrid · prior month +1,617 +6,324
- 03 Other ETFsPassive & other · prior month +1,893 +3,242
- 04 Sectoral/Thematic FundsEquity · prior month +4,806 +3,147
- 05 Small Cap FundEquity · prior month +4,265 +2,678
- 06 Multi Cap FundEquity · prior month +3,422 +2,235
Largest category outflows
Sep 2023Scheme category₹ crore
- 01 Liquid FundDebt · prior month -26,824 -74,177
- 02 Money Market FundDebt · prior month +91.49 -9,158
- 03 Ultra Short Duration FundDebt · prior month -4,123 -5,168
- 04 Floater FundDebt · prior month +2,325 -4,903
- 05 Corporate Bond FundDebt · prior month +1,755 -2,459
- 06 Short Duration FundDebt · prior month -493 -1,560
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
Sep 2023 · every category AMFI published, in ₹ crore
| Category | Group | Net flow | Previous month | Change | 3-month | 12-month | Assets | Continuity |
|---|---|---|---|---|---|---|---|---|
| Arbitrage Fund27 schemes · 451,213 folios | Hybrid | +10,176 | +9,483 | +693 | +29,733 | +27,755 | 109,361 | Since Apr 2019 |
| Multi Asset Allocation Fund16 schemes · 1,415,518 folios | Hybrid | +6,324 | +1,617 | +4,707 | +9,323 | +16,879 | 42,018 | Since Jan 2021 |
| Other ETFs172 schemes · 12,462,054 folios | Passive & other | +3,242 | +1,893 | +1,349 | +4,782 | +33,088 | 560,724 | Since Apr 2019 |
| Sectoral/Thematic Funds140 schemes · 14,315,827 folios | Equity | +3,147 | +4,806 | -1,659 | +9,382 | +22,837 | 220,142 | Since Apr 2019 |
| Small Cap Fund24 schemes · 14,684,798 folios | Equity | +2,678 | +4,265 | -1,586 | +11,115 | +34,189 | 198,483 | Since Apr 2019 |
| Multi Cap Fund22 schemes · 4,831,118 folios | Equity | +2,235 | +3,422 | -1,188 | +8,157 | +15,406 | 93,757 | Since Apr 2019 |
| Mid Cap Fund29 schemes · 11,956,147 folios | Equity | +2,001 | +2,512 | -511 | +6,137 | +20,969 | 245,496 | Since Apr 2019 |
| Index Funds189 schemes · 5,388,470 folios | Passive & other | +1,682 | +1,986 | -303 | +4,847 | +63,897 | 184,028 | Since Apr 2019 |
| Flexi Cap Fund37 schemes · 13,161,385 folios | Equity | +1,354 | +2,193 | -839 | +2,614 | +6,699 | 290,270 | Since Jan 2021 |
| Large & Mid Cap Fund26 schemes · 8,299,513 folios | Equity | +1,334 | +2,113 | -779 | +4,774 | +15,937 | 163,176 | Since Apr 2019 |
| Value Fund/Contra Fund23 schemes · 5,308,373 folios | Equity | +1,291 | +1,365 | -73.60 | +3,359 | +10,165 | 117,251 | Since Apr 2019 |
| Equity Savings Fund22 schemes · 375,920 folios | Hybrid | +1,221 | +1,491 | -270 | +3,410 | +2,732 | 21,912 | Since Jan 2021 |
| Dynamic Asset Allocation/Balanced Advantage Fund29 schemes · 4,341,033 folios | Hybrid | +494 | +3,616 | -3,122 | +4,529 | +420 | 214,076 | Since Jan 2021 |
| Balanced Hybrid Fund/Aggressive Hybrid Fund31 schemes · 5,330,143 folios | Hybrid | +354 | +607 | -253 | +644 | -851 | 175,014 | Since Apr 2019 |
| Gilt Fund21 schemes · 180,961 folios | Debt | +278 | +255 | +22.57 | +1,001 | +6,874 | 23,959 | Since Apr 2019 |
| Dividend Yield Fund9 schemes · 785,733 folios | Equity | +255 | +416 | -162 | +1,013 | +5,447 | 18,581 | Since Apr 2019 |
| GOLD ETF13 schemes · 4,806,140 folios | Passive & other | +175 | +1,028 | -853 | +1,660 | +1,336 | 23,799 | Since Apr 2019 |
| Retirement Fund26 schemes · 2,799,015 folios | Solution oriented | +101 | +124 | -23.44 | +303 | +1,181 | 21,597 | Since Apr 2019 |
| Conservative Hybrid Fund20 schemes · 531,595 folios | Hybrid | +82.27 | +267 | -185 | +514 | +778 | 25,401 | Since Apr 2019 |
| Childrens Fund10 schemes · 2,944,907 folios | Solution oriented | +66.85 | +66.51 | +0.34 | +177 | +727 | 16,730 | Since Apr 2019 |
| Focused Fund27 schemes · 5,159,456 folios | Equity | +48.94 | -471 | +520 | -1,489 | -3,099 | 113,548 | Since Apr 2019 |
| Long Duration Fund7 schemes · 47,417 folios | Debt | +22.09 | +180 | -158 | +317 | +6,284 | 9,570 | Since Apr 2019 |
| Gilt Fund with 10 year constant duration5 schemes · 40,773 folios | Debt | -3.63 | -218 | +215 | -240 | +2,308 | 4,026 | Since Apr 2019 |
| Medium to Long Duration Fund12 schemes · 105,080 folios | Debt | -17.83 | -151 | +133 | +147 | +582 | 10,165 | Since Apr 2019 |
| Large Cap Fund30 schemes · 13,047,923 folios | Equity | -111 | -349 | +238 | -2,340 | -4,609 | 267,582 | Since Apr 2019 |
| ELSS42 schemes · 15,423,310 folios | Equity | -141 | -26.69 | -114 | -760 | +4,099 | 179,803 | Since Apr 2019 |
| Credit Risk Fund14 schemes · 227,228 folios | Debt | -315 | -271 | -44.17 | -752 | -3,569 | 23,930 | Since Apr 2019 |
| Dynamic Bond Fund22 schemes · 227,917 folios | Debt | -337 | +135 | -472 | -134 | +6,286 | 30,470 | Since Apr 2019 |
| Fund of funds investing overseas51 schemes · 1,404,536 folios | Passive & other | -380 | -371 | -8.45 | -1,174 | -1,418 | 22,017 | Since Apr 2019 |
| Medium Duration Fund15 schemes · 247,469 folios | Debt | -419 | -201 | -218 | -687 | -3,038 | 27,027 | Since Apr 2019 |
| Low Duration Fund20 schemes · 916,847 folios | Debt | -963 | -508 | -455 | +5,557 | +4,119 | 106,354 | Since Apr 2019 |
| Banking and PSU Fund22 schemes · 274,697 folios | Debt | -1,057 | -985 | -72.59 | -3,352 | -3,869 | 79,634 | Since Apr 2019 |
| Overnight Fund34 schemes · 787,375 folios | Debt | -1,274 | +3,158 | -4,433 | -8,863 | -66,606 | 82,048 | Since Apr 2019 |
| Short Duration Fund23 schemes · 489,352 folios | Debt | -1,560 | -493 | -1,067 | -2,358 | -5,637 | 98,287 | Since Apr 2019 |
| Corporate Bond Fund21 schemes · 604,977 folios | Debt | -2,459 | +1,755 | -4,215 | -56.24 | +16,344 | 137,775 | Since Apr 2019 |
| Floater Fund13 schemes · 228,427 folios | Debt | -4,903 | +2,325 | -7,228 | -578 | -9,004 | 58,910 | Since Apr 2019 |
| Ultra Short Duration Fund24 schemes · 644,072 folios | Debt | -5,168 | -4,123 | -1,045 | -6,426 | -3,301 | 92,386 | Since Apr 2019 |
| Money Market Fund23 schemes · 439,558 folios | Debt | -9,158 | +91.49 | -9,249 | -458 | +25,587 | 142,307 | Since Apr 2019 |
| Liquid Fund36 schemes · 1,797,810 folios | Debt | -74,177 | -26,824 | -47,353 | -49,062 | -2,915 | 378,356 | 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
Sep 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
+14,091 Cr
AMFI net flow into equity-oriented open-ended schemes in Sep 2023.
Equity categories →Ownership broadened
AMCs holding- 01Gillette India Limited6 AMCs now hold it+4
- 02Dr. Lal Path Labs Ltd.10 AMCs now hold it+4
- 03Jupiter Life Line Hospitals Limited5 AMCs now hold it+4
- 04REC Limited16 AMCs now hold it+3
- 05PG Electroplast Limited4 AMCs now hold it+3
- 06Indiamart Intermesh Limited11 AMCs now hold it+3
- 07Syrma SGS Technology Limited11 AMCs now hold it+2
- 08GE Vernova T&D India Limited6 AMCs now hold it+2
Ownership narrowed
AMCs holding- 01Keystone Realtors Limited3 AMCs now hold it-4
- 02FSN E-Commerce Ventures Limited8 AMCs now hold it-4
- 03Jio Financial Services Limited11 AMCs now hold it-4
- 04Natco Pharma Limited5 AMCs now hold it-4
- 05SJVN Limited3 AMCs now hold it-3
- 06VIP Industries Limited6 AMCs now hold it-3
- 07Gateway Distriparks Limited4 AMCs now hold it-3
- 08Balrampur Chini Mills Limited11 AMCs now hold it-3
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 →