India mutual fund monitor
April 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 Apr 2021 SIP not published for Apr 2021 NFO Apr 2021 Fund-house assets Jan–Mar 2021 (quarterly) Holdings not covered
AMFI monthly report, Apr 2021. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +2,315 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 +3,437 Cr
- Debt +1.01 lakh Cr
- Hybrid +8,641 Cr
- Index funds & ETFs +4,384 Cr
- Overseas fund of funds +695 Cr
- Solution oriented +58.06 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +3,437 | +9,115 | +8,018 | -28,742 |
| Debt | +100,903 | -52,528 | +50,110 | +288,064 |
| Hybrid | +8,641 | +6,210 | +19,554 | +1,501 |
| Index funds & ETFs | +4,384 | +6,421 | +13,735 | +54,516 |
| Overseas fund of funds | +695 | +1,776 | +3,441 | +8,502 |
| Solution oriented | +58.06 | +93.91 | +1,156 | +1,552 |
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 · Apr 2021
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +41,507 | +12.33% | +39,425 | -39,686 |
| Money MarketDebt | +20,287 | +22.60% | +22,829 | +50,141 |
| OvernightDebt | +18,492 | +26.04% | +22,998 | +4,202 |
| Ultra Short to Short TermDebt | +9,322 | +7.18% | -3,681 | +57,717 |
| Ultra Short TermDebt | +8,919 | +9.69% | -758 | +26,523 |
| ArbitrageHybrid | +7,245 | +9.72% | +15,366 | +27,566 |
| Floating Interest RatesDebt | +3,352 | +5.12% | +6,037 | +34,104 |
| Other ETFs (single category)Passive | +2,537 | +0.92% | +8,118 | +42,536 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Dynamic TermDebt | -2,103 | -7.63% | -2,041 | +7,160 |
| Corporate BondDebt | -1,880 | -1.17% | -6,078 | +63,256 |
| Value / Contra (combined)Equity | -674 | -1.10% | -2,251 | -9,917 |
| Aggressive / Balanced Hybrid (combined)Hybrid | -502 | -0.41% | -2,845 | -25,497 |
| Multi CapEquity | -158 | -0.79% | +3,728 | — |
| Credit RiskDebt | -157 | -0.56% | -1,157 | -9,841 |
| Banking and PSU DebtDebt | -151 | -0.13% | -8,318 | +32,714 |
| ELSS (Tax Saver)Equity | -137 | -0.11% | +568 | -1,038 |
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 Apr 2021; it is not a April 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 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 · Apr 2021
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Liquid Fund | 1 | 329 Cr | — |
| Fixed Term Plan | 1 | 94.00 Cr | — |
| Index Funds | 2 | 52.00 Cr | — |
| Sectoral/Thematic Funds | 1 | 35.00 Cr | — |
| Other ETFs | 1 | 30.00 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 · Apr 2021
Portfolio disclosures in this dataset start in Jan 2022, so there is no holdings view for Apr 2021.
7 · Data status
What each figure on this page refers to
| Dataset | Period on this page | Frequency | Latest available |
|---|---|---|---|
| Flows, AUM, folios | Apr 2021 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Apr 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 →