India mutual fund monitor
May 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 May 2021 SIP not published for May 2021 NFO May 2021 Fund-house assets Jan–Mar 2021 (quarterly) Holdings not covered
AMFI monthly report, May 2021. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +1.06 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 +10,083 Cr
- Debt -44,512 Cr
- Hybrid +6,217 Cr
- Index funds & ETFs +6,908 Cr
- Overseas fund of funds +2,424 Cr
- Solution oriented +67.59 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +10,083 | +3,437 | +22,635 | -23,915 |
| Debt | -44,512 | +100,903 | +3,863 | +179,886 |
| Hybrid | +6,217 | +8,641 | +21,069 | -934 |
| Index funds & ETFs | +6,908 | +4,384 | +17,714 | +59,028 |
| Overseas fund of funds | +2,424 | +695 | +4,895 | +10,850 |
| Solution oriented | +67.59 | +58.06 | +220 | +1,522 |
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 · May 2021
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Ultra Short to Short TermDebt | +7,823 | +5.64% | +1,297 | +65,238 |
| Other ETFs (single category)Passive | +5,380 | +1.94% | +11,549 | +46,898 |
| ArbitrageHybrid | +4,521 | +5.55% | +14,854 | +21,281 |
| Money MarketDebt | +4,334 | +3.93% | +17,583 | +49,465 |
| Ultra Short TermDebt | +2,924 | +3.04% | +5,111 | +27,922 |
| Fund of Funds investing overseasFof Overseas | +2,424 | +17.33% | +4,895 | +10,850 |
| Multi CapEquity | +1,954 | +9.85% | +1,605 | — |
| Mid CapEquity | +1,368 | +1.15% | +3,829 | -2,198 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -45,447 | -11.98% | -23,324 | -147,005 |
| OvernightDebt | -11,573 | -12.90% | +11,946 | +8,510 |
| Corporate BondDebt | -1,468 | -0.92% | -794 | +57,956 |
| Banking and PSU DebtDebt | -1,340 | -1.11% | -7,999 | +22,500 |
| Short TermDebt | -1,034 | -0.73% | -8,813 | +43,882 |
| GiltDebt | -944 | -5.23% | +139 | +2,282 |
| Aggressive / Balanced Hybrid (combined)Hybrid | -435 | -0.35% | -946 | -24,954 |
| ELSS (Tax Saver)Equity | -290 | -0.23% | +1,126 | -2,040 |
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 May 2021; it is not a May 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
10.04 Cr
+18.67 L on the month · +10.3% 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 · May 2021
12new schemes allotted
5,910 Crmobilised
Part of this month’s gross mobilisation — shown separately, never added to category net flow.
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Multi Cap Fund | 1 | 1,922 Cr | — |
| Fund of funds investing overseas | 2 | 1,704 Cr | — |
| Focused Fund | 1 | 675 Cr | — |
| Dividend Yield Fund | 1 | 528 Cr | — |
| Other ETFs | 4 | 444 Cr | — |
| Index Funds | 1 | 227 Cr | — |
| Ultra Short Duration Fund | 1 | 226 Cr | — |
| Conservative Hybrid Fund | 1 | 184 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 · May 2021
Portfolio disclosures in this dataset start in Jan 2022, so there is no holdings view for May 2021.
7 · Data status
What each figure on this page refers to
| Dataset | Period on this page | Frequency | Latest available |
|---|---|---|---|
| Flows, AUM, folios | May 2021 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | May 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 →