AMFI monthly flow · Dec 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 · Dec 2023
+1.73 lakh Cr
All schemes, month-end to month-end
of which net flow
-40,685 Cr
Investor money, as AMFI publishes it
of which other than flow
+2.14 lakh Cr
Market movement, distributions, other effects
Gross mobilisation · redemptions
10.42 lakh Cr
Redemptions 10.83 lakh Cr
By asset class
Open-ended schemes · canonical asset classes · ₹ crore
- Equity +16,997 Cr
- Debt -75,560 Cr
- Hybrid +15,009 Cr
- Index funds & ETFs +992 Cr
- Overseas fund of funds -419 Cr
- Solution oriented +220 Cr
| Asset class | Gross | Redemptions | Net flow | 3-month | 6-month | 12-month | Streak |
|---|---|---|---|---|---|---|---|
| Equity | 50,671 | 33,674 | +16,997 | +52,491 | +94,453 | +161,578 | ▲ 34 |
| Debt | 931,264 | 1,006,824 | -75,560 | -37,633 | -103,577 | -46,092 | ▼ 2 |
| Hybrid | 39,113 | 24,104 | +15,009 | +38,454 | +86,607 | +93,208 | ▲ 9 |
| Index funds & ETFs | 18,068 | 17,076 | +992 | +11,211 | +22,500 | +73,839 | ▲ 38 |
| Overseas fund of funds | 405 | 823 | -419 | -658 | -1,832 | -2,435 | ▼ 2 |
| Solution oriented | 474 | 254 | +220 | +748 | +1,227 | +2,229 | ▲ 36 |
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
Dec 2023Scheme category₹ crore
- 01 Arbitrage FundHybrid · prior month +9,404 +10,645
- 02 Sectoral/Thematic FundsEquity · prior month +1,965 +6,005
- 03 Small Cap FundEquity · prior month +3,699 +3,858
- 04 Multi Asset Allocation FundHybrid · prior month +2,589 +2,420
- 05 Large & Mid Cap FundEquity · prior month +1,847 +2,339
- 06 Multi Cap FundEquity · prior month +1,713 +1,852
Largest category outflows
Dec 2023Scheme category₹ crore
- 01 Liquid FundDebt · prior month -645 -39,675
- 02 Low Duration FundDebt · prior month -968 -9,432
- 03 Money Market FundDebt · prior month +865 -8,384
- 04 Floater FundDebt · prior month +648 -6,171
- 05 Ultra Short Duration FundDebt · prior month -1,866 -6,030
- 06 Overnight FundDebt · prior month -484 -4,865
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
Dec 2023 · every category AMFI published, in ₹ crore
| Category | Group | Net flow | Previous month | Change | 3-month | 12-month | Assets | Continuity |
|---|---|---|---|---|---|---|---|---|
| Arbitrage Fund27 schemes · 467,679 folios | Hybrid | +10,645 | +9,404 | +1,241 | +25,573 | +58,989 | 134,221 | Since Apr 2019 |
| Sectoral/Thematic Funds149 schemes · 15,415,537 folios | Equity | +6,005 | +1,965 | +4,041 | +11,866 | +30,841 | 258,761 | Since Apr 2019 |
| Small Cap Fund27 schemes · 16,919,143 folios | Equity | +3,858 | +3,699 | +158 | +12,052 | +41,035 | 233,979 | Since Apr 2019 |
| Multi Asset Allocation Fund16 schemes · 1,581,885 folios | Hybrid | +2,420 | +2,589 | -169 | +7,420 | +22,415 | 52,869 | Since Jan 2021 |
| Large & Mid Cap Fund27 schemes · 8,678,915 folios | Equity | +2,339 | +1,847 | +491 | +5,920 | +18,885 | 187,757 | Since Apr 2019 |
| Multi Cap Fund23 schemes · 5,295,021 folios | Equity | +1,852 | +1,713 | +139 | +6,476 | +20,146 | 111,322 | Since Apr 2019 |
| Mid Cap Fund29 schemes · 12,857,604 folios | Equity | +1,393 | +2,666 | -1,273 | +6,468 | +22,913 | 281,353 | Since Apr 2019 |
| Dynamic Asset Allocation/Balanced Advantage Fund31 schemes · 4,452,194 folios | Hybrid | +1,369 | +590 | +779 | +2,920 | +5,802 | 234,000 | Since Jan 2021 |
| Value Fund/Contra Fund23 schemes · 5,642,727 folios | Equity | +1,269 | +1,252 | +17.26 | +2,936 | +11,928 | 135,523 | Since Apr 2019 |
| Flexi Cap Fund38 schemes · 13,505,690 folios | Equity | +1,087 | +1,668 | -580 | +4,924 | +11,618 | 327,759 | Since Jan 2021 |
| Equity Savings Fund22 schemes · 387,874 folios | Hybrid | +1,080 | +880 | +200 | +2,808 | +6,148 | 25,643 | Since Jan 2021 |
| Index Funds196 schemes · 6,283,447 folios | Passive & other | +703 | +1,353 | -650 | +4,145 | +47,629 | 199,659 | Since Apr 2019 |
| Short Duration Fund23 schemes · 472,416 folios | Debt | +595 | -414 | +1,009 | +1,462 | +988 | 101,311 | Since Apr 2019 |
| Dividend Yield Fund9 schemes · 815,925 folios | Equity | +279 | +173 | +106 | +849 | +6,438 | 21,931 | Since Apr 2019 |
| Long Duration Fund7 schemes · 47,045 folios | Debt | +272 | +86.58 | +186 | +544 | +6,269 | 10,276 | Since Apr 2019 |
| Other ETFs175 schemes · 12,823,860 folios | Passive & other | +200 | +834 | -633 | +5,803 | +23,291 | 623,022 | Since Apr 2019 |
| Corporate Bond Fund21 schemes · 584,740 folios | Debt | +188 | -1,578 | +1,767 | +550 | +15,675 | 140,426 | Since Apr 2019 |
| Retirement Fund27 schemes · 2,838,369 folios | Solution oriented | +119 | +107 | +11.22 | +486 | +1,416 | 24,039 | Since Apr 2019 |
| Childrens Fund11 schemes · 2,963,599 folios | Solution oriented | +101 | +77.87 | +23.41 | +262 | +814 | 18,388 | Since Apr 2019 |
| GOLD ETF15 schemes · 4,911,226 folios | Passive & other | +88.31 | +333 | -245 | +1,263 | +2,920 | 27,326 | Since Apr 2019 |
| Gilt Fund with 10 year constant duration5 schemes · 39,170 folios | Debt | +53.61 | -7.70 | +61.32 | +343 | +2,590 | 4,458 | Since Apr 2019 |
| Medium to Long Duration Fund12 schemes · 102,463 folios | Debt | -30.17 | -73.26 | +43.09 | -16.08 | +822 | 10,338 | Since Apr 2019 |
| Conservative Hybrid Fund19 schemes · 532,127 folios | Hybrid | -103 | +2.88 | -106 | -102 | +641 | 26,171 | Since Apr 2019 |
| Dynamic Bond Fund22 schemes · 221,633 folios | Debt | -136 | -134 | -2.26 | -157 | +6,139 | 30,861 | Since Apr 2019 |
| Large Cap Fund30 schemes · 13,201,818 folios | Equity | -281 | +307 | -588 | +750 | -2,968 | 296,009 | Since Apr 2019 |
| ELSS42 schemes · 15,563,623 folios | Equity | -314 | +104 | -418 | +57.25 | +3,460 | 200,379 | Since Apr 2019 |
| Credit Risk Fund14 schemes · 217,942 folios | Debt | -368 | -254 | -114 | -763 | -3,444 | 23,602 | Since Apr 2019 |
| Balanced Hybrid Fund/Aggressive Hybrid Fund32 schemes · 5,353,979 folios | Hybrid | -403 | +71.77 | -475 | -164 | -786 | 188,522 | Since Apr 2019 |
| Fund of funds investing overseas54 schemes · 1,517,039 folios | Passive & other | -419 | -286 | -133 | -658 | -2,435 | 24,064 | Since Apr 2019 |
| Medium Duration Fund15 schemes · 238,510 folios | Debt | -436 | -280 | -156 | -1,110 | -1,530 | 26,378 | Since Apr 2019 |
| Gilt Fund21 schemes · 179,247 folios | Debt | -482 | +92.01 | -574 | +1,611 | +8,140 | 26,088 | Since Apr 2019 |
| Focused Fund27 schemes · 5,096,592 folios | Equity | -491 | +143 | -634 | +193 | -2,718 | 124,652 | Since Apr 2019 |
| Banking and PSU Fund23 schemes · 266,424 folios | Debt | -661 | +305 | -966 | -675 | +211 | 80,160 | Since Apr 2019 |
| Overnight Fund35 schemes · 840,161 folios | Debt | -4,865 | -484 | -4,380 | -8,794 | -34,712 | 75,031 | Since Apr 2019 |
| Ultra Short Duration Fund24 schemes · 640,611 folios | Debt | -6,030 | -1,866 | -4,164 | -5,536 | -6,547 | 88,399 | Since Apr 2019 |
| Floater Fund13 schemes · 222,744 folios | Debt | -6,171 | +648 | -6,819 | -4,925 | -8,924 | 54,919 | Since Apr 2019 |
| Money Market Fund23 schemes · 439,156 folios | Debt | -8,384 | +865 | -9,249 | -1,270 | +22,287 | 143,663 | Since Apr 2019 |
| Low Duration Fund20 schemes · 897,877 folios | Debt | -9,432 | -968 | -8,464 | -11,541 | -4,275 | 96,504 | Since Apr 2019 |
| Liquid Fund36 schemes · 1,785,882 folios | Debt | -39,675 | -645 | -39,031 | -7,356 | -49,780 | 378,570 | 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
Dec 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
+16,997 Cr
AMFI net flow into equity-oriented open-ended schemes in Dec 2023.
Equity categories →Ownership broadened
AMCs holding- 01Tata Chemicals Limited10 AMCs now hold it+3
- 02JK Tyre & Industries Limited4 AMCs now hold it+3
- 03Saregama India Limited9 AMCs now hold it+3
- 04KRBL Limited5 AMCs now hold it+2
- 05Sterling and Wilson Renewable Energy Limited5 AMCs now hold it+2
- 06Gujarat State Fertilizers & Chemicals Limited6 AMCs now hold it+2
- 07Housing & Urban Development Corporation Limited5 AMCs now hold it+2
- 08Vijaya Diagnostic Centre Limited7 AMCs now hold it+2
Ownership narrowed
AMCs holding- 01Sammaan Capital Limited5 AMCs now hold it-8
- 02Dr. Reddy's Laboratories Limited16 AMCs now hold it-4
- 03Motherson Sumi Wiring India Limited10 AMCs now hold it-4
- 04Atul Limited7 AMCs now hold it-4
- 05Tata Communications Limited8 AMCs now hold it-4
- 06Maruti Suzuki India Limited18 AMCs now hold it-4
- 07Reliance Industries Limited18 AMCs now hold it-3
- 08Dalmia Bharat Limited14 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 →