India mutual fund monitor
January 2021
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 Jan 2021 SIP not published for Jan 2021 NFO Jan 2021 Fund-house assets Oct–Dec 2020 (quarterly) Holdings not covered
AMFI monthly report, Jan 2021. Total net flow covers all schemes; the asset-class figures are open-ended schemes. -16,759 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 -9,253 Cr
- Debt -33,409 Cr
- Hybrid +2,142 Cr
- Index funds & ETFs +7,212 Cr
- Overseas fund of funds +755 Cr
- Solution oriented +3.87 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | -9,253 | -10,147 | -32,318 | -8,028 |
| Debt | -33,409 | +13,863 | +25,438 | +58,531 |
| Hybrid | +2,142 | -5,932 | -9,040 | -52,314 |
| Index funds & ETFs | +7,212 | +7,169 | +14,659 | +67,022 |
| Overseas fund of funds | +755 | +1,039 | +2,206 | +5,474 |
| Solution oriented | +3.87 | -27.73 | -9.22 | +623 |
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 · Jan 2021
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Short TermDebt | +6,893 | +4.37% | +23,940 | +55,749 |
| Other ETFs (single category)Passive | +6,133 | +2.39% | +13,606 | +55,417 |
| Corporate BondDebt | +5,429 | +3.42% | +25,131 | +72,553 |
| ArbitrageHybrid | +5,235 | +8.41% | +4,126 | -15,359 |
| Floating Interest RatesDebt | +3,128 | +5.26% | +9,148 | +23,138 |
| Multi CapEquity | +2,858 | New series | — | — |
| Sectoral / Thematic (combined)Equity | +2,586 | +3.07% | +5,011 | +10,879 |
| Medium TermDebt | +1,842 | +6.27% | +5,421 | -438 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -45,316 | -11.87% | -48,629 | -164,126 |
| Ultra Short to Short TermDebt | -8,041 | -5.36% | +17,600 | +37,788 |
| Flexi CapEquity | -5,934 | New series | — | — |
| Aggressive / Balanced Hybrid (combined)Hybrid | -3,377 | -2.79% | -11,022 | -26,201 |
| Large CapEquity | -2,853 | -1.66% | -10,019 | -6,363 |
| Value / Contra (combined)Equity | -1,640 | -2.78% | -4,604 | -7,117 |
| Small CapEquity | -1,572 | -2.51% | -3,300 | -1,259 |
| Mid CapEquity | -1,206 | -1.16% | -4,159 | -2,467 |
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: Oct–Dec 2020 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Jan 2021; it is not a January 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 | 4.56 lakh Cr | 15.37% | +0.10 pp | 1 |
| HDFC Mutual Fund | 3.89 lakh Cr | 13.11% | -0.50 pp | 2 |
| ICICI Prudential Mutual Fund | 3.80 lakh Cr | 12.79% | -0.26 pp | 3 |
| Aditya Birla Sun Life Mutual Fund | 2.55 lakh Cr | 8.60% | -0.05 pp | 4 |
| Kotak Mahindra Mutual Fund | 2.16 lakh Cr | 7.28% | +0.34 pp | 5was 6 |
| Nippon India Mutual Fund | 2.13 lakh Cr | 7.17% | -0.08 pp | 6was 5 |
| Axis Mutual Fund | 1.77 lakh Cr | 5.97% | +0.31 pp | 7 |
| UTI Mutual Fund | 1.65 lakh Cr | 5.57% | -0.06 pp | 8 |
| Bandhan Mutual Fund | 1.21 lakh Cr | 4.08% | -0.07 pp | 9 |
| DSP Mutual Fund | 89,443 Cr | 3.01% | +0.03 pp | 10 |
Biggest share gainers · quarter
- Kotak Mahindra Mutual Fund+0.34 pp
- Axis Mutual Fund+0.31 pp
- Edelweiss Mutual Fund+0.15 pp
- Mirae Asset Mutual Fund+0.13 pp
- Invesco Mutual Fund+0.12 pp
Biggest share decliners · quarter
- HDFC Mutual Fund-0.50 pp
- ICICI Prudential Mutual Fund-0.26 pp
- Franklin Templeton Mutual Fund-0.13 pp
- LIC Mutual Fund-0.13 pp
- Nippon India Mutual Fund-0.08 pp
Rank changes among the top 30
- PGIM India Mutual Fund29 → 27
- Union Mutual Fund30 → 28
- IDBI Mutual Fund27 → 29
- JM Financial Mutual Fund28 → 30
- Kotak Mahindra Mutual Fund6 → 5
- Nippon India Mutual Fund5 → 6
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
—Not published for this period
SIP contribution · 12 months
—Not published for this period
SIP assets
—Not published for this period
Contributing SIP accounts
—Not published for this period
Folios
9.52 Cr
+8.53 L on the month · +7.5% on a year ago
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 · Jan 2021
1new schemes allotted
4,185 Crmobilised
Part of this month’s gross mobilisation — shown separately, never added to category net flow.
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Sectoral/Thematic Funds | 1 | 4,185 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 · Jan 2021
Portfolio disclosures in this dataset start in Jan 2022, so there is no holdings view for Jan 2021.
7 · Data status
What each figure on this page refers to
| Dataset | Period on this page | Frequency | Latest available |
|---|---|---|---|
| Flows, AUM, folios | Jan 2021 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Jan 2021 | Monthly | Aug 2026 |
| Fund-house assets & market share | Oct–Dec 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 →