India mutual fund monitor
March 2020
Flows, assets, SIPs, fund-house structure and equity ownership activity. Each dataset keeps its own period; the status at the foot of the page lists them.
Flows & AUM Mar 2020 SIP not published for Mar 2020 NFO Mar 2020 Fund-house assets Jan–Mar 2020 (quarterly) Holdings not covered
AMFI monthly report, Mar 2020. Total net flow covers all schemes; the asset-class figures are open-ended schemes. -2.84 lakh Cr of the AUM change came from market movement and other effects, not investor money.
1 · Where money moved
Net flow by asset class · open-ended schemes · ₹ crore
- Equity +11,723 Cr
- Debt -1.95 lakh Cr
- Hybrid -36,460 Cr
- Index funds & ETFs +6,716 Cr
- Overseas fund of funds +197 Cr
- Solution oriented +69.06 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +11,723 | +10,796 | +30,396 | +83,787 |
| Debt | -194,915 | -27,940 | -113,549 | -4,778 |
| Hybrid | -36,460 | -2,006 | -37,206 | -23,766 |
| Index funds & ETFs | +6,716 | +18,338 | +27,276 | +66,440 |
| Overseas fund of funds | +197 | +110 | +431 | +871 |
| Solution oriented | +69.06 | +74.47 | +260 | +2,454 |
3- and 12-month sums appear only where the series is unbroken; “—” means the window crosses a new classification.
2 · Category winners and losers
SEBI scheme categories · Mar 2020
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| OvernightDebt | +26,654 | +50.02% | +47,832 | +67,654 |
| Other ETFs (single category)Passive | +4,835 | +2.68% | +23,051 | +59,809 |
| Multi Cap (2017 definition)Equity | +2,268 | +1.52% | +5,616 | +15,560 |
| Index Funds (single category)Passive | +2,076 | +26.18% | +2,735 | +5,017 |
| Large CapEquity | +2,061 | +1.41% | +4,821 | +16,003 |
| FocusedEquity | +1,994 | +4.04% | +4,766 | +12,835 |
| ELSS (Tax Saver)Equity | +1,551 | +1.61% | +3,354 | +8,187 |
| Mid CapEquity | +1,233 | +1.39% | +4,482 | +13,517 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -110,037 | -24.83% | -94,180 | -75,130 |
| ArbitrageHybrid | -33,767 | -39.56% | -32,446 | +1,683 |
| Ultra Short TermDebt | -29,053 | -28.78% | -20,940 | -9,553 |
| Money MarketDebt | -27,402 | -32.57% | -17,860 | -85.08 |
| Ultra Short to Short TermDebt | -19,921 | -19.73% | -11,207 | -8,781 |
| Short TermDebt | -11,039 | -10.55% | -4,059 | +8,576 |
| Banking and PSU DebtDebt | -6,304 | -8.02% | -66.31 | +34,512 |
| Floating Interest RatesDebt | -5,750 | -15.06% | -3,500 | +638 |
Investor money into and out of each category. It is not attributed to any stock.
3 · Fund-house market structure
Average AUM · quarterly
Fund-house data: Jan–Mar 2020 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Mar 2020; it is not a March observation and nothing is interpolated. A later quarter (Apr–Jun 2026) is available on the AMC explorer.
| Fund house | Average AUM | Market share | Δ quarter | Rank |
|---|---|---|---|---|
| SBI Mutual Fund | 3.74 lakh Cr | 13.82% | +0.65 pp | 1was 3 |
| HDFC Mutual Fund | 3.70 lakh Cr | 13.68% | -0.61 pp | 2was 1 |
| ICICI Prudential Mutual Fund | 3.51 lakh Cr | 12.98% | -0.53 pp | 3was 2 |
| Aditya Birla Sun Life Mutual Fund | 2.48 lakh Cr | 9.16% | -0.18 pp | 4 |
| Nippon India Mutual Fund | 2.05 lakh Cr | 7.58% | -0.05 pp | 5 |
| Kotak Mahindra Mutual Fund | 1.86 lakh Cr | 6.89% | +0.27 pp | 6 |
| UTI Mutual Fund | 1.52 lakh Cr | 5.61% | -0.26 pp | 7 |
| Axis Mutual Fund | 1.38 lakh Cr | 5.12% | +0.53 pp | 8was 9 |
| Franklin Templeton Mutual Fund | 1.16 lakh Cr | 4.30% | -0.42 pp | 9was 8 |
| Bandhan Mutual Fund | 1.04 lakh Cr | 3.84% | -0.06 pp | 10 |
Biggest share gainers · quarter
- SBI Mutual Fund+0.65 pp
- Axis Mutual Fund+0.53 pp
- Edelweiss Mutual Fund+0.44 pp
- Kotak Mahindra Mutual Fund+0.27 pp
- Mirae Asset Mutual Fund+0.13 pp
Biggest share decliners · quarter
- HDFC Mutual Fund-0.61 pp
- ICICI Prudential Mutual Fund-0.53 pp
- Franklin Templeton Mutual Fund-0.42 pp
- UTI Mutual Fund-0.26 pp
- Aditya Birla Sun Life Mutual Fund-0.18 pp
Rank changes among the top 30
- Edelweiss Mutual Fund20 → 17
- SBI Mutual Fund3 → 1
- HDFC Mutual Fund1 → 2
- ICICI Prudential Mutual Fund2 → 3
- Axis Mutual Fund9 → 8
- Franklin Templeton Mutual Fund8 → 9
Official AMC-level net-flow data is not available from the validated source. AUM movement includes both investor flows and market movement.
4 · SIPs & retail participation
AMFI Monthly Note (SIP) and monthly report (folios)
SIP contribution is published from June 2024 and SIP assets from January 2024; contributing accounts from September 2024. Earlier months show “Not published for this period”, never zero.
5 · New fund offers
New Schemes sheet of the AMFI monthly report · Mar 2020
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Fixed Term Plan | 4 | 671 Cr | — |
| Dynamic Asset Allocation/Balanced Advantage | 1 | 485 Cr | — |
| Multi Asset Allocation | 1 | 363 Cr | — |
| Money Market Fund | 1 | 196 Cr | — |
| Mid Cap Fund | 1 | 177 Cr | — |
| Fund of Funds Investing Overseas | 1 | 89.00 Cr | — |
| Capital Protection Oriented Schemes | 2 | 46.00 Cr | — |
Ordered by amount mobilised in each category. AMFI prints NFO amounts by category, so the largest NFOs are shown as the largest categories with their scheme names.
6 · Equity ownership activity
Disclosed holdings · like-for-like portfolios · Mar 2020
Portfolio disclosures in this dataset start in Jan 2022, so there is no holdings view for Mar 2020.
7 · Data status
What each figure on this page refers to
| Dataset | Period on this page | Frequency | Latest available |
|---|---|---|---|
| Flows, AUM, folios | Mar 2020 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Mar 2020 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jan–Mar 2020 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Not covered | Monthly disclosures | Aug 2026 |
Known limitations: no official net flow exists by fund house; fund-house figures are quarterly averages; SIP history starts in 2024; category flows cannot be attributed to stocks. Methodology →