India mutual fund monitor
September 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 Sep 2022 SIP not published for Sep 2022 NFO Sep 2022 Fund-house assets Jul–Sep 2022 (quarterly) Holdings Sep 2022
AMFI monthly report, Sep 2022. Total net flow covers all schemes; the asset-class figures are open-ended schemes. -50,123 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 +14,100 Cr
- Debt -65,372 Cr
- Hybrid -2,688 Cr
- Index funds & ETFs +13,455 Cr
- Overseas fund of funds +168 Cr
- Solution oriented +213 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +14,100 | +6,120 | +29,118 | +184,004 |
| Debt | -65,372 | +49,164 | -11,278 | -220,662 |
| Hybrid | -2,688 | -6,602 | -14,436 | +21,874 |
| Index funds & ETFs | +13,455 | +15,167 | +42,579 | +165,680 |
| Overseas fund of funds | +168 | -97.93 | +383 | +3,785 |
| Solution oriented | +213 | +92.55 | +417 | +1,680 |
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 · Sep 2022
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| OvernightDebt | +33,128 | +31.18% | +36,642 | +41,919 |
| Other ETFs (single category)Passive | +10,808 | +2.35% | +25,859 | +93,104 |
| Sectoral / Thematic (combined)Equity | +4,419 | +2.80% | +3,367 | +24,028 |
| Flexi CapEquity | +2,401 | +0.99% | +5,883 | +28,183 |
| Index Funds (single category)Passive | +2,317 | +2.21% | +16,885 | +70,497 |
| Mid CapEquity | +2,151 | +1.21% | +4,875 | +19,361 |
| Small CapEquity | +1,825 | +1.52% | +4,865 | +16,745 |
| Large & Mid CapEquity | +1,469 | +1.20% | +3,620 | +20,515 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -59,970 | -14.58% | -17,567 | +12,797 |
| Money MarketDebt | -11,232 | -9.50% | -2,665 | -14,373 |
| Ultra Short TermDebt | -8,454 | -8.66% | +1,647 | -9,986 |
| Ultra Short to Short TermDebt | -7,660 | -7.44% | -5,341 | -48,508 |
| Banking and PSU DebtDebt | -4,225 | -5.17% | -8,415 | -42,365 |
| ArbitrageHybrid | -4,023 | -4.94% | -18,978 | -31,250 |
| Corporate BondDebt | -2,926 | -2.54% | -4,835 | -51,516 |
| Floating Interest RatesDebt | -1,118 | -1.76% | -8,085 | -40,579 |
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: Jul–Sep 2022 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Sep 2022; it is not a September 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 | 6.83 lakh Cr | 17.48% | +0.32 pp | 1 |
| ICICI Prudential Mutual Fund | 4.76 lakh Cr | 12.20% | -0.14 pp | 2 |
| HDFC Mutual Fund | 4.29 lakh Cr | 10.99% | -0.01 pp | 3 |
| Nippon India Mutual Fund | 2.85 lakh Cr | 7.30% | -0.10 pp | 4was 6 |
| Aditya Birla Sun Life Mutual Fund | 2.83 lakh Cr | 7.24% | -0.22 pp | 5 |
| Kotak Mahindra Mutual Fund | 2.82 lakh Cr | 7.22% | -0.25 pp | 6was 4 |
| Axis Mutual Fund | 2.48 lakh Cr | 6.36% | -0.15 pp | 7 |
| UTI Mutual Fund | 2.34 lakh Cr | 5.98% | +0.04 pp | 8 |
| Bandhan Mutual Fund | 1.20 lakh Cr | 3.07% | -0.03 pp | 9 |
| DSP Mutual Fund | 1.11 lakh Cr | 2.85% | +0.02 pp | 10 |
Biggest share gainers · quarter
- SBI Mutual Fund+0.32 pp
- Mirae Asset Mutual Fund+0.13 pp
- Canara Robeco Mutual Fund+0.11 pp
- Edelweiss Mutual Fund+0.10 pp
- PPFAS Mutual Fund+0.07 pp
Biggest share decliners · quarter
- Kotak Mahindra Mutual Fund-0.25 pp
- Aditya Birla Sun Life Mutual Fund-0.22 pp
- Axis Mutual Fund-0.15 pp
- ICICI Prudential Mutual Fund-0.14 pp
- Nippon India Mutual Fund-0.10 pp
Rank changes among the top 30
- Nippon India Mutual Fund6 → 4
- Kotak Mahindra Mutual Fund4 → 6
- Mahindra Manulife Mutual Fund25 → 27
- Sundaram Mutual Fund18 → 17
- Invesco Mutual Fund17 → 18
- PGIM India Mutual Fund23 → 22
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
13.81 Cr
+16.13 L on the month · +23.7% 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 · Sep 2022
21new schemes allotted
8,374 Crmobilised
Part of this month’s gross mobilisation — shown separately, never added to category net flow.
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Sectoral/Thematic Funds | 3 | 3,823 Cr | — |
| Flexi Cap Fund | 1 | 1,680 Cr | — |
| Fixed Term Plan | 4 | 1,117 Cr | — |
| Dynamic Asset Allocation / Balanced Advantage Fund | 1 | 745 Cr | — |
| Index Funds | 3 | 487 Cr | — |
| Mid Cap Fund | 1 | 333 Cr | — |
| Fund of funds investing overseas | 2 | 68.00 Cr | — |
| Other ETFs | 5 | 62.00 Cr | — |
| Retirement Fund | 1 | 59.00 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 · Sep 2022
789companies held
17AMCs reporting
804new positions
634complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 Hindustan Aeronautics Limited54 comparable portfolios 9
- 02 Can Fin Homes Limited41 comparable portfolios 9
- 03 InterGlobe Aviation Limited43 comparable portfolios 9
- 04 HDFC Life Insurance Company Limited72 comparable portfolios 9
- 05 Honeywell Automation India Limited54 comparable portfolios 8
- 06 Astral Limited43 comparable portfolios 8
- 07 Oberoi Realty Limited33 comparable portfolios 8
- 08 PVR INOX Limited28 comparable portfolios 8
- 09 Petronet LNG Limited17 comparable portfolios 8
- 10 Vinati Organics Limited26 comparable portfolios 8
Most AMCs reducing
↗CompanyAMCs
- 01 ICICI Bank Limited205 comparable portfolios 10
- 02 Vedanta Limited34 comparable portfolios 9
- 03 Bharti Airtel Limited144 comparable portfolios 9
- 04 HDFC Asset Management Company Limited33 comparable portfolios 8
- 05 Tube Investments of India Limited41 comparable portfolios 8
- 06 Reliance Industries Limited179 comparable portfolios 8
- 07 Grasim Industries Limited55 comparable portfolios 8
- 08 Adani Enterprises Limited45 comparable portfolios 8
- 09 One 97 Communications Limited20 comparable portfolios 7
- 10 MphasiS Limited73 comparable portfolios 7
Largest comparable holding increases
↗CompanyShares
- 01 Bharat Heavy Electricals Limited+88.6% · 19 portfolios +3.08 Cr
- 02 Power Grid Corporation of India Limited+9.3% · 85 portfolios +2.61 Cr
- 03 CG Power and Industrial Solutions Limited+85.3% · 33 portfolios +1.64 Cr
- 04 NMDC Limited+19.8% · 30 portfolios +1.41 Cr
- 05 Bandhan Bank Limited+19.5% · 56 portfolios +1.14 Cr
- 06 IDFC LIMITED+14.2% · 29 portfolios +90.05 L
- 07 Devyani International Limited+22.5% · 32 portfolios +76.48 L
- 08 HDFC Life Insurance Company Limited+38.2% · 72 portfolios +67.14 L
- 09 Triveni Turbine Limited+36.4% · 17 portfolios +55.24 L
- 10 Power Finance Corporation Limited+21.2% · 12 portfolios +48.64 L
Largest comparable holding decreases
↗CompanyShares
- 01 Vodafone Idea Limited-75.3% · 11 portfolios -11.56 Cr
- 02 Samvardhana Motherson International Limited-11.4% · 43 portfolios -1.77 Cr
- 03 GAIL (India) Limited-31.7% · 32 portfolios -1.41 Cr
- 04 Indian Oil Corporation Limited-22.9% · 28 portfolios -1.40 Cr
- 05 ICICI Bank Limited-2.6% · 205 portfolios -1.21 Cr
- 06 The Federal Bank Limited-5.3% · 45 portfolios -1.11 Cr
- 07 Bank of Baroda-4.6% · 78 portfolios -1.08 Cr
- 08 Motherson Sumi Wiring India Limited-5.2% · 41 portfolios -1.05 Cr
- 09 Ashok Leyland Limited-4.8% · 65 portfolios -62.67 L
- 10 Bharti Airtel Limited-5.9% · 144 portfolios -61.23 L
Most new positions
↗CompanyPositions
- 01 Adani Enterprises Limited45 comparable portfolios 19
- 02 Hindustan Aeronautics Limited54 comparable portfolios 15
- 03 BEML Land Assets Limited12 comparable portfolios 12
- 04 Triveni Turbine Limited17 comparable portfolios 12
- 05 Samvardhana Motherson International Limited43 comparable portfolios 12
- 06 Devyani International Limited32 comparable portfolios 12
- 07 MphasiS Limited73 comparable portfolios 11
- 08 ACC Limited68 comparable portfolios 10
- 09 Harsha Engineers International Limited10 comparable portfolios 10
- 10 ITC Limited118 comparable portfolios 10
Most complete exits
↗CompanyExits
- 01 MINDTREE LTD.57 comparable portfolios 16
- 02 SHREE CEMENT LIMITED52 comparable portfolios 16
- 03 Tata Motors Passenger Vehicles Limited110 comparable portfolios 16
- 04 Jubilant Foodworks Limited70 comparable portfolios 14
- 05 Infosys Limited192 comparable portfolios 10
- 06 Lupin Limited49 comparable portfolios 10
- 07 Zydus Lifesciences Limited34 comparable portfolios 9
- 08 Steel Authority of India Limited36 comparable portfolios 9
- 09 Punjab National Bank30 comparable portfolios 9
- 10 Oil & Natural Gas Corporation Limited52 comparable portfolios 9
Most widely held stocks
CompanyAMCs
- 01 Sun Pharmaceutical Industries Limited166 portfolios 16
- 02 ITC Limited145 portfolios 16
- 03 ICICI Bank Limited237 portfolios 15
- 04 Infosys Limited218 portfolios 15
- 05 State Bank of India214 portfolios 15
- 06 Larsen & Toubro Limited189 portfolios 15
- 07 Axis Bank Limited184 portfolios 15
- 08 Bharti Airtel Limited175 portfolios 15
- 09 Tata Consultancy Services Limited166 portfolios 15
- 10 Housing Development Finance Corp.Lt156 portfolios 15
Broader ownership
↗CompanyΔ AMCs
- 01 Adani Total Gas Limited8 AMCs now +5
- 02 Apollo Tyres Limited11 AMCs now +5
- 03 Dalmia Bharat Limited10 AMCs now +4
- 04 Piramal Enterprises Limited8 AMCs now +4
- 05 Triveni Turbine Limited6 AMCs now +4
- 06 Bharat Dynamics Limited9 AMCs now +4
- 07 Indian Railway Catering And Tourism Corporation Limited8 AMCs now +4
- 08 Hindustan Copper Limited10 AMCs now +4
- 09 Mahindra & Mahindra Financial Services Limited12 AMCs now +4
- 10 Devyani International Limited11 AMCs now +4
Narrower ownership
↗CompanyΔ AMCs
- 01 Amara Raja Energy & Mobility Limited4 AMCs now -3
- 02 MINDTREE LTD.13 AMCs now -2
- 03 Balkrishna Industries Limited11 AMCs now -2
- 04 TATA METALIKS LTD1 AMCs now -1
- 05 Metropolis Healthcare Limited8 AMCs now -1
- 06 GAIL (India) Limited10 AMCs now -1
- 07 Tata Motors Passenger Vehicles Limited13 AMCs now -1
- 08 Havells India Limited12 AMCs now -1
- 09 Vedanta Limited12 AMCs now -1
- 10 Indian Bank6 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 | Sep 2022 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Sep 2022 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jul–Sep 2022 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Sep 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 →