India mutual fund monitor
March 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 Mar 2021 SIP not published for Mar 2021 NFO Mar 2021 Fund-house assets Jan–Mar 2021 (quarterly) Holdings not covered
AMFI monthly report, Mar 2021. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +8,395 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 +9,115 Cr
- Debt -52,528 Cr
- Hybrid +6,210 Cr
- Index funds & ETFs +6,421 Cr
- Overseas fund of funds +1,776 Cr
- Solution oriented +93.91 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +9,115 | -4,534 | -4,672 | -25,966 |
| Debt | -52,528 | +1,735 | -84,202 | +230,592 |
| Hybrid | +6,210 | +4,703 | +13,055 | -2,936 |
| Index funds & ETFs | +6,421 | +2,930 | +16,563 | +51,318 |
| Overseas fund of funds | +1,776 | +969 | +3,500 | +7,912 |
| Solution oriented | +93.91 | +1,004 | +1,102 | +1,577 |
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 2021
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| OvernightDebt | +5,027 | +7.66% | +5,176 | -11,687 |
| Other ETFs (single category)Passive | +3,632 | +1.33% | +11,715 | +39,820 |
| Floating Interest RatesDebt | +3,229 | +5.21% | +5,814 | +29,820 |
| ArbitrageHybrid | +3,088 | +4.30% | +13,356 | +26,908 |
| Balanced Advantage / Dynamic Asset AllocationHybrid | +2,711 | +2.55% | +5,375 | +419 |
| Corporate BondDebt | +2,554 | +1.63% | +1,231 | +69,305 |
| Index Funds (single category)Passive | +2,126 | +12.61% | +3,069 | +4,579 |
| Sectoral / Thematic (combined)Equity | +2,009 | +2.11% | +4,230 | +9,801 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -19,384 | -5.45% | -47,398 | -12,346 |
| Ultra Short to Short TermDebt | -15,847 | -10.90% | -21,044 | +41,554 |
| Short TermDebt | -9,025 | -5.87% | -12,419 | +43,401 |
| Money MarketDebt | -7,038 | -7.30% | +1,499 | +28,644 |
| Ultra Short TermDebt | -6,731 | -6.85% | -9,125 | +14,185 |
| Banking and PSU DebtDebt | -6,508 | -5.19% | -6,427 | +39,426 |
| GiltDebt | -564 | -3.38% | -2,194 | +6,042 |
| Medium to Long TermDebt | -455 | -4.23% | -1,737 | -164 |
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 2021 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Mar 2021; 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 | 5.04 lakh Cr | 15.72% | +0.35 pp | 1 |
| HDFC Mutual Fund | 4.16 lakh Cr | 12.95% | -0.16 pp | 2 |
| ICICI Prudential Mutual Fund | 4.05 lakh Cr | 12.63% | -0.16 pp | 3 |
| Aditya Birla Sun Life Mutual Fund | 2.69 lakh Cr | 8.39% | -0.21 pp | 4 |
| Kotak Mahindra Mutual Fund | 2.34 lakh Cr | 7.28% | +0.00 pp | 5 |
| Nippon India Mutual Fund | 2.29 lakh Cr | 7.12% | -0.05 pp | 6 |
| Axis Mutual Fund | 1.97 lakh Cr | 6.12% | +0.15 pp | 7 |
| UTI Mutual Fund | 1.83 lakh Cr | 5.70% | +0.13 pp | 8 |
| Bandhan Mutual Fund | 1.22 lakh Cr | 3.81% | -0.27 pp | 9 |
| DSP Mutual Fund | 97,330 Cr | 3.03% | +0.02 pp | 10 |
Biggest share gainers · quarter
- SBI Mutual Fund+0.35 pp
- Mirae Asset Mutual Fund+0.21 pp
- Axis Mutual Fund+0.15 pp
- UTI Mutual Fund+0.13 pp
- Canara Robeco Mutual Fund+0.10 pp
Biggest share decliners · quarter
- Bandhan Mutual Fund-0.27 pp
- Aditya Birla Sun Life Mutual Fund-0.21 pp
- Franklin Templeton Mutual Fund-0.16 pp
- HDFC Mutual Fund-0.16 pp
- ICICI Prudential Mutual Fund-0.16 pp
Rank changes among the top 30
- PPFAS Mutual Fund25 → 23
- Mirae Asset Mutual Fund14 → 13
- Tata Mutual Fund13 → 14
- BNP Paribas Mutual Fund23 → 24
- Principal Mutual Fund24 → 25
- PGIM India Mutual Fund27 → 26
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
9.79 Cr
+16.77 L on the month · +9.0% 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 · Mar 2021
16new schemes allotted
4,539 Crmobilised
Part of this month’s gross mobilisation — shown separately, never added to category net flow.
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Fund of funds investing overseas | 2 | 1,164 Cr | — |
| Fixed Term Plan | 2 | 1,100 Cr | — |
| Floater Fund | 1 | 570 Cr | — |
| Sectoral/Thematic Funds | 1 | 565 Cr | — |
| Index Funds | 5 | 557 Cr | — |
| Other ETFs | 3 | 240 Cr | — |
| Mid Cap Fund | 1 | 229 Cr | — |
| Corporate Bond Fund | 1 | 114 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 2021
Portfolio disclosures in this dataset start in Jan 2022, so there is no holdings view for Mar 2021.
7 · Data status
What each figure on this page refers to
| Dataset | Period on this page | Frequency | Latest available |
|---|---|---|---|
| Flows, AUM, folios | Mar 2021 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Mar 2021 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jan–Mar 2021 | 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 →