India mutual fund monitor
January 2022
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 2022 SIP not published for Jan 2022 NFO Jan 2022 Fund-house assets Oct–Dec 2021 (quarterly) Holdings Jan 2022
AMFI monthly report, Jan 2022. Total net flow covers all schemes; the asset-class figures are open-ended schemes. -6,738 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 +14,888 Cr
- Debt +5,088 Cr
- Hybrid +6,230 Cr
- Index funds & ETFs +8,472 Cr
- Overseas fund of funds +389 Cr
- Solution oriented +158 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +14,888 | +25,083 | +51,585 | +120,817 |
| Debt | +5,088 | -49,038 | -29,057 | +3,950 |
| Hybrid | +6,230 | +563 | +16,215 | +106,560 |
| Index funds & ETFs | +8,472 | +18,380 | +37,537 | +101,795 |
| Overseas fund of funds | +389 | +326 | +1,053 | +13,209 |
| Solution oriented | +158 | +151 | +449 | +2,057 |
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 2022
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| OvernightDebt | +19,358 | +20.56% | +11,965 | +44,624 |
| Index Funds (single category)Passive | +4,914 | +10.82% | +12,951 | +29,325 |
| Money MarketDebt | +4,719 | +4.12% | -2,804 | +28,666 |
| Other ETFs (single category)Passive | +4,009 | +1.04% | +24,043 | +68,733 |
| Ultra Short TermDebt | +2,969 | +3.37% | -9,916 | -8,041 |
| Balanced Advantage / Dynamic Asset AllocationHybrid | +2,763 | +1.63% | +12,563 | +57,877 |
| Floating Interest RatesDebt | +2,592 | +2.73% | -9,038 | +31,780 |
| Flexi CapEquity | +2,527 | +1.14% | +7,596 | +26,343 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -14,398 | -3.98% | +30,168 | -1,328 |
| Short TermDebt | -2,889 | -2.08% | -4,435 | -28,206 |
| Banking and PSU DebtDebt | -2,537 | -2.37% | -12,948 | -26,997 |
| Ultra Short to Short TermDebt | -1,963 | -1.54% | -19,685 | -20,922 |
| Corporate BondDebt | -936 | -0.62% | -9,835 | -19,163 |
| Medium TermDebt | -748 | -2.11% | -1,836 | +3,719 |
| Dynamic TermDebt | -478 | -1.69% | -201 | +814 |
| Gold ETFPassive | -452 | -2.45% | +544 | +3,737 |
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 2021 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Jan 2022; 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 | 6.28 lakh Cr | 16.43% | +0.46 pp | 1 |
| ICICI Prudential Mutual Fund | 4.67 lakh Cr | 12.24% | -0.11 pp | 2 |
| HDFC Mutual Fund | 4.47 lakh Cr | 11.70% | -0.42 pp | 3 |
| Aditya Birla Sun Life Mutual Fund | 2.99 lakh Cr | 7.82% | -0.47 pp | 4 |
| Kotak Mahindra Mutual Fund | 2.85 lakh Cr | 7.47% | +0.03 pp | 5 |
| Nippon India Mutual Fund | 2.81 lakh Cr | 7.35% | +0.01 pp | 6 |
| Axis Mutual Fund | 2.53 lakh Cr | 6.64% | +0.06 pp | 7 |
| UTI Mutual Fund | 2.25 lakh Cr | 5.88% | +0.11 pp | 8 |
| Bandhan Mutual Fund | 1.25 lakh Cr | 3.28% | -0.21 pp | 9 |
| DSP Mutual Fund | 1.11 lakh Cr | 2.89% | -0.07 pp | 10 |
Biggest share gainers · quarter
- SBI Mutual Fund+0.46 pp
- Edelweiss Mutual Fund+0.15 pp
- UTI Mutual Fund+0.11 pp
- Mirae Asset Mutual Fund+0.10 pp
- PPFAS Mutual Fund+0.10 pp
Biggest share decliners · quarter
- Aditya Birla Sun Life Mutual Fund-0.47 pp
- HDFC Mutual Fund-0.42 pp
- Bandhan Mutual Fund-0.21 pp
- ICICI Prudential Mutual Fund-0.11 pp
- L&T Mutual Fund-0.08 pp
Rank changes among the top 30
- Tata Mutual Fund13 → 12
- L&T Mutual Fund12 → 13
- Edelweiss Mutual Fund15 → 14
- Franklin Templeton Mutual Fund14 → 15
- PPFAS Mutual Fund21 → 20
- LIC Mutual Fund20 → 21
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 · Jan 2022
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Index Funds | 6 | 2,490 Cr | — |
| Overnight Fund | 1 | 285 Cr | — |
| Other ETFs | 6 | 228 Cr | — |
| Fixed Term Plan | 2 | 227 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 2022
Most AMCs increasing
↗- No comparable activity available.
Most AMCs reducing
↗- No comparable activity available.
Largest comparable holding increases
↗- No comparable activity available.
Largest comparable holding decreases
↗- No comparable activity available.
Most new positions
↗- No comparable activity available.
Most complete exits
↗- No comparable activity available.
Most widely held stocks
- 01 ICICI Bank Limited181 portfolios 13
- 02 HDFC Bank Limited170 portfolios 13
- 03 HCL Technologies Limited124 portfolios 13
- 04 ITC Limited87 portfolios 13
- 05 IPCA Laboratories Limited53 portfolios 13
- 06 State Bank of India157 portfolios 12
- 07 Axis Bank Limited146 portfolios 12
- 08 Reliance Industries Limited141 portfolios 12
- 09 Larsen & Toubro Limited139 portfolios 12
- 10 Bharti Airtel Limited132 portfolios 12
Broader ownership
↗- No comparable activity available.
Narrower ownership
↗- No comparable activity available.
Comparable lists need at least 10 portfolios observed in both months and exclude companies under corporate-action review. Share changes are quantities, not cash flows, and category flows are never attributed to these stocks.
7 · Data status
What each figure on this page refers to
| Dataset | Period on this page | Frequency | Latest available |
|---|---|---|---|
| Flows, AUM, folios | Jan 2022 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Jan 2022 | Monthly | Aug 2026 |
| Fund-house assets & market share | Oct–Dec 2021 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Jan 2022 | 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 →