India mutual fund monitor
April 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 Apr 2022 SIP not published for Apr 2022 NFO Apr 2022 Fund-house assets Jan–Mar 2022 (quarterly) Holdings Apr 2022
AMFI monthly report, Apr 2022. Total net flow covers all schemes; the asset-class figures are open-ended schemes. -25,846 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 +15,890 Cr
- Debt +54,757 Cr
- Hybrid +7,240 Cr
- Index funds & ETFs +15,825 Cr
- Overseas fund of funds +62.71 Cr
- Solution oriented +112 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +15,890 | +28,463 | +64,059 | +176,858 |
| Debt | +54,757 | -114,824 | -68,341 | -114,501 |
| Hybrid | +7,240 | -3,604 | +6,814 | +93,819 |
| Index funds & ETFs | +15,825 | +19,425 | +51,541 | +139,601 |
| Overseas fund of funds | +62.71 | -20.10 | +273 | +10,041 |
| Solution oriented | +112 | +141 | +418 | +1,318 |
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 2022
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +28,731 | +8.31% | +24,401 | -16,353 |
| Money MarketDebt | +16,194 | +14.18% | +10,052 | +15,888 |
| Ultra Short TermDebt | +15,089 | +17.16% | +10,934 | +3,651 |
| Other ETFs (single category)Passive | +8,663 | +2.11% | +26,361 | +86,975 |
| Index Funds (single category)Passive | +6,062 | +8.83% | +24,123 | +49,665 |
| OvernightDebt | +4,128 | +4.01% | -7,428 | +14,198 |
| ArbitrageHybrid | +4,093 | +4.30% | -3,040 | +19,604 |
| Sectoral / Thematic (combined)Equity | +3,844 | +2.58% | +7,592 | +29,267 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Short TermDebt | -4,452 | -3.84% | -25,599 | -35,740 |
| Banking and PSU DebtDebt | -3,096 | -3.32% | -14,748 | -33,428 |
| Corporate BondDebt | -2,553 | -1.96% | -24,739 | -37,824 |
| Medium TermDebt | -1,364 | -4.13% | -3,226 | -253 |
| Medium to Long TermDebt | -410 | -4.08% | -4,385 | -1,297 |
| Credit RiskDebt | -283 | -1.02% | -1,069 | +441 |
| Dynamic TermDebt | -197 | -0.78% | -2,787 | +67.51 |
| GiltDebt | -106 | -0.70% | -1,071 | -3,452 |
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 2022 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Apr 2022; 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 | 6.47 lakh Cr | 16.86% | +0.43 pp | 1 |
| ICICI Prudential Mutual Fund | 4.68 lakh Cr | 12.20% | -0.04 pp | 2 |
| HDFC Mutual Fund | 4.32 lakh Cr | 11.26% | -0.44 pp | 3 |
| Aditya Birla Sun Life Mutual Fund | 2.96 lakh Cr | 7.71% | -0.11 pp | 4 |
| Kotak Mahindra Mutual Fund | 2.85 lakh Cr | 7.42% | -0.05 pp | 5 |
| Nippon India Mutual Fund | 2.83 lakh Cr | 7.38% | +0.04 pp | 6 |
| Axis Mutual Fund | 2.60 lakh Cr | 6.77% | +0.14 pp | 7 |
| UTI Mutual Fund | 2.24 lakh Cr | 5.83% | -0.05 pp | 8 |
| Bandhan Mutual Fund | 1.21 lakh Cr | 3.15% | -0.12 pp | 9 |
| DSP Mutual Fund | 1.08 lakh Cr | 2.81% | -0.08 pp | 10 |
Biggest share gainers · quarter
- SBI Mutual Fund+0.43 pp
- Sundaram Mutual Fund+0.22 pp
- Baroda BNP Paribas Mutual Fund+0.22 pp
- Edelweiss Mutual Fund+0.21 pp
- Axis Mutual Fund+0.14 pp
Biggest share decliners · quarter
- HDFC Mutual Fund-0.44 pp
- Bandhan Mutual Fund-0.12 pp
- L&T Mutual Fund-0.11 pp
- Aditya Birla Sun Life Mutual Fund-0.11 pp
- DSP Mutual Fund-0.08 pp
Rank changes among the top 30
- NJ Mutual Fund32 → 28
- Mahindra Manulife Mutual Fund28 → 25
- Baroda BNP Paribas Mutual Fund23 → 21
- quant Mutual Fund29 → 27
- 360 ONE Mutual Fund31 → 29
- Edelweiss Mutual Fund14 → 13
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 2022
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Sectoral/Thematic Funds | 1 | 3,130 Cr | — |
| Index Funds | 1 | 91.00 Cr | — |
| Fund of funds investing overseas | 1 | 19.00 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 2022
Most AMCs increasing
↗- 01 Cipla Limited86 comparable portfolios 11
- 02 HDFC Bank Limited176 comparable portfolios 10
- 03 Mahindra & Mahindra Limited96 comparable portfolios 9
- 04 ICICI Bank Limited185 comparable portfolios 9
- 05 L&T Finance Limited12 comparable portfolios 8
- 06 Shriram Finance Limited23 comparable portfolios 8
- 07 InterGlobe Aviation Limited30 comparable portfolios 8
- 08 SBI Cards and Payment Services Limited65 comparable portfolios 8
- 09 Oil & Natural Gas Corporation Limited55 comparable portfolios 8
- 10 MINDTREE LTD.50 comparable portfolios 8
Most AMCs reducing
↗- 01 TATA CONSUMER PRODUCTS LIMITED88 comparable portfolios 8
- 02 Tata Power Company Limited50 comparable portfolios 8
- 03 L&T Technology Services Limited40 comparable portfolios 8
- 04 Asian Paints Limited82 comparable portfolios 8
- 05 State Bank of India163 comparable portfolios 8
- 06 UltraTech Cement Limited141 comparable portfolios 8
- 07 HDFC Life Insurance Company Limited71 comparable portfolios 8
- 08 Bajaj Auto Limited65 comparable portfolios 8
- 09 HCL Technologies Limited118 comparable portfolios 8
- 10 JINDAL STEEL LIMITED57 comparable portfolios 7
Largest comparable holding increases
↗- 01 Vodafone Idea Limited+104.6% · 11 portfolios +6.28 Cr
- 02 NTPC Limited+5.4% · 90 portfolios +2.35 Cr
- 03 Zee Entertainment Enterprises Limited+33.6% · 40 portfolios +1.78 Cr
- 04 Steel Authority of India Limited+33.0% · 28 portfolios +1.72 Cr
- 05 Indian Oil Corporation Limited+52.1% · 27 portfolios +1.59 Cr
- 06 Bharat Electronics Limited+8.6% · 54 portfolios +1.52 Cr
- 07 Bank of Baroda+6.9% · 66 portfolios +1.46 Cr
- 08 Bandhan Bank Limited+46.6% · 37 portfolios +1.23 Cr
- 09 Housing Development Finance Corp.Lt+27.0% · 133 portfolios +91.39 L
- 10 Ashok Leyland Limited+5.4% · 68 portfolios +88.67 L
Largest comparable holding decreases
↗- 01 Manappuram Finance Limited-12.8% · 19 portfolios -97.88 L
- 02 RBL Bank Limited-38.8% · 18 portfolios -96.48 L
- 03 IDFC First Bank Limited-7.3% · 17 portfolios -90.35 L
- 04 ETERNAL LIMITED-14.3% · 29 portfolios -66.72 L
- 05 Tata Power Company Limited-12.5% · 50 portfolios -58.79 L
- 06 The Federal Bank Limited-2.4% · 46 portfolios -45.95 L
- 07 HDFC Life Insurance Company Limited-18.1% · 71 portfolios -43.82 L
- 08 Ambuja Cements Limited-11.8% · 50 portfolios -36.78 L
- 09 Firstsource Solutions Limited-34.3% · 10 portfolios -34.51 L
- 10 Adani Ports and Special Economic Zone Limited-10.2% · 54 portfolios -31.04 L
Most new positions
↗- 01 Mahindra & Mahindra Limited96 comparable portfolios 14
- 02 NTPC Limited90 comparable portfolios 12
- 03 Housing Development Finance Corp.Lt133 comparable portfolios 11
- 04 Tata Motors Passenger Vehicles Limited102 comparable portfolios 10
- 05 Escorts Kubota Limited27 comparable portfolios 9
- 06 Oil & Natural Gas Corporation Limited55 comparable portfolios 9
- 07 Zee Entertainment Enterprises Limited40 comparable portfolios 9
- 08 Crompton Greaves Consumer Electricals Limited80 comparable portfolios 9
- 09 HDFC Bank Limited176 comparable portfolios 8
- 10 Gland Pharma Limited82 comparable portfolios 8
Most complete exits
↗- 01 DCB Bank Limited28 comparable portfolios 15
- 02 Orient Electric Limited21 comparable portfolios 10
- 03 HDFC Life Insurance Company Limited71 comparable portfolios 10
- 04 The Federal Bank Limited46 comparable portfolios 9
- 05 TATA CONSUMER PRODUCTS LIMITED88 comparable portfolios 8
- 06 Indraprastha Gas Limited52 comparable portfolios 8
- 07 Housing Development Finance Corp.Lt133 comparable portfolios 7
- 08 Hindalco Industries Limited88 comparable portfolios 7
- 09 Escorts Kubota Limited27 comparable portfolios 7
- 10 Jubilant Foodworks Limited64 comparable portfolios 7
Most widely held stocks
- 01 Tata Consultancy Services Limited129 portfolios 13
- 02 ICICI Bank Limited185 portfolios 12
- 03 Axis Bank Limited167 portfolios 12
- 04 Housing Development Finance Corp.Lt126 portfolios 12
- 05 Sun Pharmaceutical Industries Limited115 portfolios 12
- 06 HCL Technologies Limited115 portfolios 12
- 07 Bajaj Finance Limited114 portfolios 12
- 08 Maruti Suzuki India Limited113 portfolios 12
- 09 ITC Limited96 portfolios 12
- 10 Divi's Laboratories Limited87 portfolios 12
Broader ownership
↗- 01 L&T Finance Limited8 AMCs now +6
- 02 Aurobindo Pharma Limited10 AMCs now +2
- 03 TVS Motor Company Limited8 AMCs now +2
- 04 Astral Limited8 AMCs now +1
- 05 Indian Energy Exchange Limited10 AMCs now +1
- 06 ABB India Limited8 AMCs now +1
- 07 GAIL (India) Limited11 AMCs now +1
- 08 Power Finance Corporation Limited7 AMCs now +1
- 09 National Aluminium Company Limited9 AMCs now +1
- 10 Bosch Limited9 AMCs now +1
Narrower ownership
↗- 01 Metropolis Healthcare Limited4 AMCs now -4
- 02 The Federal Bank Limited9 AMCs now -3
- 03 Pfizer Limited4 AMCs now -3
- 04 TATA CONSUMER PRODUCTS LIMITED9 AMCs now -3
- 05 Balkrishna Industries Limited10 AMCs now -3
- 06 Dalmia Bharat Limited8 AMCs now -2
- 07 HDFC Bank Limited11 AMCs now -2
- 08 Chambal Fertilizers & Chemicals Limited5 AMCs now -2
- 09 Dr. Reddy's Laboratories Limited9 AMCs now -2
- 10 Oberoi Realty Limited7 AMCs now -2
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 | Apr 2022 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Apr 2022 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jan–Mar 2022 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Apr 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 →