India mutual fund monitor
February 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 Feb 2022 SIP not published for Feb 2022 NFO Feb 2022 Fund-house assets Oct–Dec 2021 (quarterly) Holdings Feb 2022
AMFI monthly report, Feb 2022. Total net flow covers all schemes; the asset-class figures are open-ended schemes. -76,447 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 +19,705 Cr
- Debt -8,274 Cr
- Hybrid +3,177 Cr
- Index funds & ETFs +16,291 Cr
- Overseas fund of funds +230 Cr
- Solution oriented +165 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +19,705 | +14,888 | +59,676 | +145,056 |
| Debt | -8,274 | +5,088 | -52,224 | -6,059 |
| Hybrid | +3,177 | +6,230 | +9,970 | +105,034 |
| Index funds & ETFs | +16,291 | +8,472 | +43,142 | +115,156 |
| Overseas fund of funds | +230 | +389 | +946 | +12,470 |
| Solution oriented | +165 | +158 | +474 | +1,218 |
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 · Feb 2022
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +40,273 | +11.57% | +17,190 | +21,644 |
| Other ETFs (single category)Passive | +10,791 | +2.76% | +28,351 | +77,575 |
| Index Funds (single category)Passive | +5,748 | +11.52% | +15,178 | +34,583 |
| Flexi CapEquity | +3,874 | +1.74% | +8,809 | +34,714 |
| Sectoral / Thematic (combined)Equity | +3,441 | +2.35% | +9,284 | +28,831 |
| Large CapEquity | +2,339 | +1.05% | +5,757 | +11,189 |
| Balanced Advantage / Dynamic Asset AllocationHybrid | +2,118 | +1.22% | +8,587 | +57,989 |
| Large & Mid CapEquity | +2,036 | +1.90% | +5,405 | +12,515 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Short TermDebt | -12,092 | -8.88% | -17,013 | -30,012 |
| Floating Interest RatesDebt | -10,323 | -10.56% | -14,192 | +22,001 |
| Corporate BondDebt | -10,219 | -6.76% | -15,460 | -22,630 |
| Ultra Short to Short TermDebt | -4,982 | -3.95% | -17,992 | -28,748 |
| Banking and PSU DebtDebt | -3,654 | -3.50% | -12,408 | -28,993 |
| Medium to Long TermDebt | -2,907 | -20.82% | -3,000 | -175 |
| Dynamic TermDebt | -1,705 | -6.13% | -1,144 | +872 |
| Ultra Short TermDebt | -1,315 | -1.44% | -6,660 | -6,411 |
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 Feb 2022; it is not a February 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
—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
12.61 Cr
+30.28 L on the month · +31.1% 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 · Feb 2022
19new schemes allotted
3,513 Crmobilised
Part of this month’s gross mobilisation — shown separately, never added to category net flow.
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Flexi Cap Fund | 2 | 1,276 Cr | — |
| Index Funds | 10 | 1,062 Cr | — |
| Sectoral/Thematic Funds | 1 | 640 Cr | — |
| Fund of funds investing overseas | 3 | 278 Cr | — |
| Fixed Term Plan | 1 | 203 Cr | — |
| Other ETFs | 2 | 54.00 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 · Feb 2022
752companies held
15AMCs reporting
555new positions
508complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 ICICI Bank Limited185 comparable portfolios 11
- 02 Bajaj Auto Limited69 comparable portfolios 9
- 03 Piramal Enterprises Limited34 comparable portfolios 8
- 04 UPL Limited36 comparable portfolios 8
- 05 MphasiS Limited59 comparable portfolios 8
- 06 Power Grid Corporation of India Limited58 comparable portfolios 8
- 07 Infosys Limited152 comparable portfolios 8
- 08 Hindustan Unilever Limited102 comparable portfolios 8
- 09 Sun Pharmaceutical Industries Limited95 comparable portfolios 8
- 10 Ambuja Cements Limited50 comparable portfolios 8
Most AMCs reducing
↗CompanyAMCs
- 01 Punjab National Bank18 comparable portfolios 7
- 02 Divi's Laboratories Limited79 comparable portfolios 7
- 03 Honeywell Automation India Limited48 comparable portfolios 7
- 04 HDFC Bank Limited170 comparable portfolios 7
- 05 Escorts Kubota Limited28 comparable portfolios 6
- 06 IndusInd Bank Limited57 comparable portfolios 6
- 07 Bharat Petroleum Corporation Limited66 comparable portfolios 6
- 08 HDFC Asset Management Company Limited25 comparable portfolios 6
- 09 Bank of Baroda51 comparable portfolios 6
- 10 Hindustan Petroleum Corporation Limited44 comparable portfolios 6
Largest comparable holding increases
↗CompanyShares
- 01 GMR AIRPORTS LIMITED+127.9% · 12 portfolios +1.95 Cr
- 02 Yes Bank Limited+372.3% · 11 portfolios +1.33 Cr
- 03 Ashok Leyland Limited+9.7% · 66 portfolios +1.31 Cr
- 04 TV18 Broadcast Ltd.+152.4% · 10 portfolios +1.01 Cr
- 05 Restaurant Brands Asia Limited+153.7% · 13 portfolios +94.05 L
- 06 Tata Motors Passenger Vehicles Limited+15.0% · 85 portfolios +79.36 L
- 07 Zee Entertainment Enterprises Limited+38.7% · 20 portfolios +77.24 L
- 08 ICICI Bank Limited+1.9% · 185 portfolios +63.44 L
- 09 Power Grid Corporation of India Limited+5.7% · 58 portfolios +54.33 L
- 10 ETERNAL LIMITED+8.1% · 26 portfolios +52.63 L
Largest comparable holding decreases
↗CompanyShares
- 01 Punjab National Bank-66.6% · 18 portfolios -4.06 Cr
- 02 The Federal Bank Limited-8.8% · 44 portfolios -1.63 Cr
- 03 Steel Authority of India Limited-51.4% · 18 portfolios -1.18 Cr
- 04 Sammaan Capital Limited-47.9% · 19 portfolios -86.06 L
- 05 IDFC First Bank Limited-7.7% · 13 portfolios -64.03 L
- 06 Bank of Baroda-5.6% · 51 portfolios -63.72 L
- 07 Bharat Heavy Electricals Limited-28.5% · 11 portfolios -53.85 L
- 08 Bharat Petroleum Corporation Limited-13.8% · 66 portfolios -53.64 L
- 09 Bharat Electronics Limited-5.9% · 37 portfolios -48.03 L
- 10 Tata Power Company Limited-6.7% · 48 portfolios -41.15 L
Most new positions
↗CompanyPositions
- 01 Vedant Fashions Limited28 comparable portfolios 28
- 02 Ashok Leyland Limited66 comparable portfolios 13
- 03 HDFC Life Insurance Company Limited70 comparable portfolios 12
- 04 Metropolis Healthcare Limited26 comparable portfolios 9
- 05 Ambuja Cements Limited50 comparable portfolios 8
- 06 Restaurant Brands Asia Limited13 comparable portfolios 8
- 07 Canara Bank31 comparable portfolios 8
- 08 Housing Development Finance Corp.Lt116 comparable portfolios 7
- 09 Bank of Baroda51 comparable portfolios 7
- 10 Mahindra & Mahindra Limited80 comparable portfolios 7
Most complete exits
↗CompanyExits
- 01 HDFC Bank Limited170 comparable portfolios 14
- 02 Housing Development Finance Corp.Lt116 comparable portfolios 12
- 03 MRF Limited27 comparable portfolios 11
- 04 Escorts Kubota Limited28 comparable portfolios 10
- 05 Ramco Systems Limited19 comparable portfolios 10
- 06 Reliance Industries Limited142 comparable portfolios 9
- 07 Bharat Petroleum Corporation Limited66 comparable portfolios 9
- 08 Wipro Limited71 comparable portfolios 9
- 09 Indraprastha Gas Limited51 comparable portfolios 9
- 10 Hindustan Petroleum Corporation Limited44 comparable portfolios 8
Most widely held stocks
CompanyAMCs
- 01 ICICI Bank Limited215 portfolios 14
- 02 ITC Limited110 portfolios 14
- 03 IPCA Laboratories Limited57 portfolios 14
- 04 State Bank of India187 portfolios 13
- 05 HDFC Bank Limited185 portfolios 13
- 06 Axis Bank Limited181 portfolios 13
- 07 Larsen & Toubro Limited169 portfolios 13
- 08 Bharti Airtel Limited160 portfolios 13
- 09 UltraTech Cement Limited150 portfolios 13
- 10 HCL Technologies Limited139 portfolios 13
Broader ownership
↗CompanyΔ AMCs
- 01 Dabur India Limited13 AMCs now +4
- 02 PVR INOX Limited10 AMCs now +4
- 03 Hindustan Aeronautics Limited8 AMCs now +3
- 04 Tata Communications Limited9 AMCs now +3
- 05 Pidilite Industries Limited10 AMCs now +3
- 06 Indian Railway Catering And Tourism Corporation Limited8 AMCs now +3
- 07 TVS Motor Company Limited6 AMCs now +3
- 08 Yes Bank Limited8 AMCs now +3
- 09 ICICI Lombard General Insurance Company Limited11 AMCs now +3
- 10 Samvardhana Motherson International Limited10 AMCs now +3
Narrower ownership
↗CompanyΔ AMCs
- 01 Syngene International Limited7 AMCs now -2
- 02 Craftsman Automation Limited3 AMCs now -1
- 03 Escorts Kubota Limited8 AMCs now -1
- 04 Wipro Limited11 AMCs now -1
- 05 Chambal Fertilizers & Chemicals Limited6 AMCs now -1
- 06 Steel Authority of India Limited8 AMCs now -1
- 07 Punjab National Bank8 AMCs now -1
- 08 Vedanta Limited9 AMCs now -1
- 09 Bharat Heavy Electricals Limited7 AMCs now -1
- 10 Exide Industries Limited6 AMCs now -1
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 | Feb 2022 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Feb 2022 | Monthly | Aug 2026 |
| Fund-house assets & market share | Oct–Dec 2021 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Feb 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 →