India mutual fund monitor
October 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 Oct 2022 SIP not published for Oct 2022 NFO Oct 2022 Fund-house assets Jul–Sep 2022 (quarterly) Holdings Oct 2022
AMFI monthly report, Oct 2022. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +93,926 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 +9,390 Cr
- Debt -2,818 Cr
- Hybrid -2,819 Cr
- Index funds & ETFs +10,068 Cr
- Overseas fund of funds +193 Cr
- Solution oriented +172 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +9,390 | +14,100 | +29,610 | +188,179 |
| Debt | -2,818 | -65,372 | -19,026 | -236,464 |
| Hybrid | -2,819 | -2,688 | -12,109 | +8,617 |
| Index funds & ETFs | +10,068 | +13,455 | +38,689 | +166,502 |
| Overseas fund of funds | +193 | +168 | +263 | +2,464 |
| Solution oriented | +172 | +213 | +478 | +1,753 |
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 · Oct 2022
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +19,085 | +5.42% | +9,210 | +42,081 |
| Index Funds (single category)Passive | +5,076 | +4.83% | +15,181 | +72,058 |
| Other ETFs (single category)Passive | +4,845 | +1.07% | +23,069 | +92,522 |
| Sectoral / Thematic (combined)Equity | +2,686 | +1.69% | +5,838 | +24,980 |
| Small CapEquity | +1,582 | +1.28% | +4,667 | +17,978 |
| Mid CapEquity | +1,385 | +0.77% | +5,016 | +20,370 |
| Large & Mid CapEquity | +1,190 | +0.98% | +3,690 | +21,062 |
| Multi CapEquity | +889 | +1.42% | +2,007 | +28,202 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| OvernightDebt | -7,505 | -5.31% | +9,218 | +28,076 |
| Ultra Short to Short TermDebt | -2,660 | -2.78% | -7,356 | -55,371 |
| ArbitrageHybrid | -2,470 | -3.18% | -15,041 | -31,376 |
| Short TermDebt | -2,466 | -2.54% | -907 | -48,065 |
| Floating Interest RatesDebt | -2,444 | -3.89% | -5,847 | -48,073 |
| Money MarketDebt | -1,996 | -1.86% | -7,300 | -20,138 |
| Banking and PSU DebtDebt | -1,538 | -1.98% | -7,143 | -42,650 |
| Corporate BondDebt | -1,534 | -1.36% | -3,787 | -52,175 |
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 Oct 2022; it is not a October 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 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 · Oct 2022
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Sectoral/Thematic Funds | 2 | 2,609 Cr | — |
| Index Funds | 21 | 1,750 Cr | — |
| Fixed Term Plan | 3 | 598 Cr | — |
| Multi Cap Fund | 1 | 426 Cr | — |
| Overnight Fund | 1 | 30.00 Cr | — |
| ELSS | 1 | 15.00 Cr | — |
| Other ETFs | 2 | 11.00 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 · Oct 2022
Most AMCs increasing
↗- 01 Dabur India Limited51 comparable portfolios 10
- 02 The Indian Hotels Company Limited65 comparable portfolios 10
- 03 IndusInd Bank Limited106 comparable portfolios 10
- 04 Colgate Palmolive (India) Limited30 comparable portfolios 9
- 05 ICICI Prudential Life Insurance Company Limited38 comparable portfolios 9
- 06 ETERNAL LIMITED41 comparable portfolios 9
- 07 ICICI Lombard General Insurance Company Limited84 comparable portfolios 9
- 08 Reliance Industries Limited207 comparable portfolios 9
- 09 Piramal Enterprises Limited25 comparable portfolios 8
- 10 Abbott India Limited37 comparable portfolios 8
Most AMCs reducing
↗- 01 Hindalco Industries Limited105 comparable portfolios 11
- 02 Bajaj Finance Limited144 comparable portfolios 10
- 03 Coal India Limited77 comparable portfolios 10
- 04 ACC Limited73 comparable portfolios 9
- 05 Hindustan Unilever Limited155 comparable portfolios 9
- 06 Grasim Industries Limited75 comparable portfolios 9
- 07 TATA CONSUMER PRODUCTS LIMITED99 comparable portfolios 9
- 08 Pidilite Industries Limited39 comparable portfolios 9
- 09 Page Industries Limited53 comparable portfolios 9
- 10 ICICI Bank Limited226 comparable portfolios 9
Largest comparable holding increases
↗- 01 Vodafone Idea Limited+203.3% · 11 portfolios +7.69 Cr
- 02 NMDC Steel Limited— · 16 portfolios +6.91 Cr
- 03 Punjab National Bank+23.3% · 32 portfolios +3.83 Cr
- 04 Bharat Heavy Electricals Limited+38.6% · 22 portfolios +2.53 Cr
- 05 Samvardhana Motherson International Limited+8.1% · 43 portfolios +1.92 Cr
- 06 Zee Entertainment Enterprises Limited+17.5% · 66 portfolios +1.63 Cr
- 07 NHPC Limited+7.3% · 11 portfolios +1.56 Cr
- 08 RBL Bank Limited+52.8% · 25 portfolios +1.43 Cr
- 09 Power Finance Corporation Limited+46.4% · 17 portfolios +1.29 Cr
- 10 Rategain Travel Technologies Limited+101.2% · 13 portfolios +60.40 L
Largest comparable holding decreases
↗- 01 Indian Oil Corporation Limited-34.8% · 30 portfolios -2.45 Cr
- 02 NMDC Limited-20.1% · 28 portfolios -1.72 Cr
- 03 The Federal Bank Limited-5.1% · 56 portfolios -1.23 Cr
- 04 IDFC First Bank Limited-4.7% · 22 portfolios -69.73 L
- 05 Bharat Electronics Limited-1.1% · 92 portfolios -65.24 L
- 06 National Aluminium Company Limited-17.7% · 25 portfolios -63.41 L
- 07 ICICI Bank Limited-1.0% · 226 portfolios -49.01 L
- 08 Steel Authority of India Limited-6.8% · 27 portfolios -43.47 L
- 09 Tata Motors Passenger Vehicles Limited-4.2% · 125 portfolios -39.54 L
- 10 ETERNAL LIMITED-2.0% · 41 portfolios -35.75 L
Most new positions
↗- 01 Tata Motors Passenger Vehicles Limited125 comparable portfolios 18
- 02 NMDC Steel Limited16 comparable portfolios 16
- 03 Aarti Pharmalabs Limited14 comparable portfolios 14
- 04 UPL Limited63 comparable portfolios 12
- 05 Zee Entertainment Enterprises Limited66 comparable portfolios 11
- 06 The Federal Bank Limited56 comparable portfolios 10
- 07 InterGlobe Aviation Limited57 comparable portfolios 9
- 08 Housing Development Finance Corp.Lt156 comparable portfolios 8
- 09 Piramal Pharma Limited11 comparable portfolios 8
- 10 Navin Fluorine International Limited78 comparable portfolios 7
Most complete exits
↗- 01 Larsen & Toubro Limited182 comparable portfolios 15
- 02 Hero MotoCorp Limited74 comparable portfolios 14
- 03 Canara Bank55 comparable portfolios 12
- 04 NMDC Limited28 comparable portfolios 11
- 05 CG Power and Industrial Solutions Limited35 comparable portfolios 9
- 06 Gland Pharma Limited98 comparable portfolios 9
- 07 Steel Authority of India Limited27 comparable portfolios 9
- 08 PVR INOX Limited27 comparable portfolios 9
- 09 Bandhan Bank Limited59 comparable portfolios 9
- 10 SRF Limited65 comparable portfolios 9
Most widely held stocks
- 01 Sun Pharmaceutical Industries Limited162 portfolios 16
- 02 Housing Development Finance Corp.Lt154 portfolios 16
- 03 ITC Limited142 portfolios 16
- 04 ICICI Bank Limited229 portfolios 15
- 05 Infosys Limited211 portfolios 15
- 06 State Bank of India210 portfolios 15
- 07 Axis Bank Limited183 portfolios 15
- 08 Tata Consultancy Services Limited160 portfolios 15
- 09 Maruti Suzuki India Limited155 portfolios 15
- 10 NTPC Limited138 portfolios 15
Broader ownership
↗- 01 The Indian Hotels Company Limited14 AMCs now +2
- 02 Tata Motors Passenger Vehicles Limited15 AMCs now +2
- 03 Housing Development Finance Corp.Lt16 AMCs now +1
- 04 Craftsman Automation Limited5 AMCs now +1
- 05 MINDTREE LTD.14 AMCs now +1
- 06 Bank of Baroda13 AMCs now +1
- 07 Escorts Kubota Limited10 AMCs now +1
- 08 Hindustan Aeronautics Limited14 AMCs now +1
- 09 Granules India Limited9 AMCs now +1
- 10 JSW Dulux Limited4 AMCs now +1
Narrower ownership
↗- 01 Steel Authority of India Limited5 AMCs now -6
- 02 Mahindra & Mahindra Financial Services Limited6 AMCs now -6
- 03 PVR INOX Limited6 AMCs now -5
- 04 NMDC Limited9 AMCs now -5
- 05 Metropolis Healthcare Limited5 AMCs now -3
- 06 National Aluminium Company Limited7 AMCs now -3
- 07 Hero MotoCorp Limited11 AMCs now -3
- 08 Canara Bank9 AMCs now -3
- 09 Aarti Industries Limited3 AMCs now -3
- 10 Dalmia Bharat Limited8 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 | Oct 2022 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Oct 2022 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jul–Sep 2022 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Oct 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 →