India mutual fund monitor
November 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 Nov 2022 SIP not published for Nov 2022 NFO Nov 2022 Fund-house assets Jul–Sep 2022 (quarterly) Holdings Nov 2022
AMFI monthly report, Nov 2022. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +73,974 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 +2,258 Cr
- Debt +3,669 Cr
- Hybrid -6,477 Cr
- Index funds & ETFs +10,374 Cr
- Overseas fund of funds +19.79 Cr
- Solution oriented +92.84 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +2,258 | +9,390 | +25,748 | +178,823 |
| Debt | +3,669 | -2,818 | -64,522 | -247,688 |
| Hybrid | -6,477 | -2,819 | -11,985 | -7,282 |
| Index funds & ETFs | +10,374 | +10,068 | +33,897 | +166,191 |
| Overseas fund of funds | +19.79 | +193 | +381 | +2,146 |
| Solution oriented | +92.84 | +172 | +478 | +1,705 |
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 · Nov 2022
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +34,276 | +9.18% | -6,609 | +23,106 |
| Index Funds (single category)Passive | +8,602 | +7.64% | +15,995 | +77,139 |
| Money MarketDebt | +4,942 | +4.67% | -8,286 | -14,702 |
| Corporate BondDebt | +3,466 | +3.10% | -993 | -44,115 |
| Other ETFs (single category)Passive | +1,967 | +0.41% | +17,620 | +88,006 |
| Sectoral / Thematic (combined)Equity | +1,380 | +0.82% | +8,485 | +24,837 |
| Small CapEquity | +1,378 | +1.09% | +4,786 | +18,575 |
| Mid CapEquity | +1,176 | +0.64% | +4,713 | +20,267 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| OvernightDebt | -31,928 | -23.72% | -6,305 | +8,272 |
| ArbitrageHybrid | -4,075 | -5.37% | -10,568 | -36,496 |
| Ultra Short TermDebt | -2,882 | -3.25% | -12,481 | -13,955 |
| Short TermDebt | -1,914 | -2.01% | -5,411 | -50,465 |
| Banking and PSU DebtDebt | -1,865 | -2.44% | -7,627 | -40,322 |
| Balanced Advantage / Dynamic Asset AllocationHybrid | -1,594 | -0.82% | -1,523 | +15,778 |
| Large CapEquity | -1,039 | -0.42% | -591 | +15,227 |
| Flexi CapEquity | -863 | -0.35% | +2,003 | +24,002 |
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 Nov 2022; it is not a November 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
13.98 Cr
+6.77 L on the month · +19.5% 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 · Nov 2022
26new schemes allotted
7,199 Crmobilised
Part of this month’s gross mobilisation — shown separately, never added to category net flow.
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Fixed Term Plan | 9 | 3,703 Cr | — |
| Sectoral/Thematic Funds | 1 | 2,336 Cr | — |
| Index Funds | 11 | 980 Cr | — |
| Mid Cap Fund | 1 | 90.00 Cr | — |
| Other ETFs | 3 | 67.00 Cr | — |
| Fund of funds investing overseas | 1 | 23.00 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 · Nov 2022
776companies held
17AMCs reporting
773new positions
689complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 LTM Limited83 comparable portfolios 12
- 02 Steel Authority of India Limited26 comparable portfolios 9
- 03 ICICI Prudential Life Insurance Company Limited43 comparable portfolios 9
- 04 Vedanta Limited40 comparable portfolios 9
- 05 DLF Limited49 comparable portfolios 9
- 06 IndusInd Bank Limited122 comparable portfolios 9
- 07 Coromandel International Limited51 comparable portfolios 9
- 08 Jubilant Foodworks Limited73 comparable portfolios 9
- 09 Tata Steel Limited94 comparable portfolios 9
- 10 Voltas Limited63 comparable portfolios 9
Most AMCs reducing
↗CompanyAMCs
- 01 Tube Investments of India Limited45 comparable portfolios 11
- 02 Housing Development Finance Corp.Lt153 comparable portfolios 11
- 03 ICICI Bank Limited227 comparable portfolios 11
- 04 Bharti Airtel Limited176 comparable portfolios 10
- 05 Hindalco Industries Limited118 comparable portfolios 10
- 06 Kotak Mahindra Bank Limited156 comparable portfolios 10
- 07 Colgate Palmolive (India) Limited33 comparable portfolios 9
- 08 HCL Technologies Limited133 comparable portfolios 9
- 09 Bank of Baroda97 comparable portfolios 9
- 10 ABB India Limited60 comparable portfolios 9
Largest comparable holding increases
↗CompanyShares
- 01 Union Bank of India+483.9% · 18 portfolios +4.84 Cr
- 02 ETERNAL LIMITED+27.4% · 45 portfolios +4.70 Cr
- 03 NHPC Limited+18.7% · 17 portfolios +4.32 Cr
- 04 Vodafone Idea Limited+34.1% · 11 portfolios +3.92 Cr
- 05 Tata Steel Limited+24.5% · 94 portfolios +3.80 Cr
- 06 Steel Authority of India Limited+36.3% · 26 portfolios +2.16 Cr
- 07 FSN E-Commerce Ventures Limited+82.4% · 43 portfolios +1.63 Cr
- 08 Bank of India+220.9% · 10 portfolios +1.61 Cr
- 09 Power Finance Corporation Limited+36.0% · 21 portfolios +1.47 Cr
- 10 RBL Bank Limited+34.1% · 31 portfolios +1.41 Cr
Largest comparable holding decreases
↗CompanyShares
- 01 Bharat Electronics Limited-2.9% · 96 portfolios -1.76 Cr
- 02 Ashok Leyland Limited-8.2% · 71 portfolios -1.36 Cr
- 03 Bharat Heavy Electricals Limited-14.1% · 25 portfolios -1.28 Cr
- 04 ICICI Bank Limited-2.7% · 227 portfolios -1.24 Cr
- 05 IDFC First Bank Limited-6.9% · 20 portfolios -97.17 L
- 06 ITC Limited-4.4% · 142 portfolios -84.89 L
- 07 Tata Motors Passenger Vehicles Limited-8.2% · 126 portfolios -71.59 L
- 08 HDFC Life Insurance Company Limited-17.5% · 87 portfolios -61.23 L
- 09 The Indian Hotels Company Limited-4.1% · 73 portfolios -54.47 L
- 10 Coal India Limited-2.4% · 72 portfolios -50.77 L
Most new positions
↗CompanyPositions
- 01 LTM Limited83 comparable portfolios 26
- 02 Bikaji Foods International Limited25 comparable portfolios 25
- 03 Hindalco Industries Limited118 comparable portfolios 17
- 04 Global Health Limited15 comparable portfolios 15
- 05 Bank of Baroda97 comparable portfolios 13
- 06 Wipro Limited83 comparable portfolios 13
- 07 IndusInd Bank Limited122 comparable portfolios 13
- 08 Voltas Limited63 comparable portfolios 13
- 09 PB Fintech Limited46 comparable portfolios 13
- 10 Union Bank of India18 comparable portfolios 13
Most complete exits
↗CompanyExits
- 01 Gland Pharma Limited89 comparable portfolios 19
- 02 HDFC Life Insurance Company Limited87 comparable portfolios 16
- 03 Divi's Laboratories Limited94 comparable portfolios 13
- 04 ICICI Lombard General Insurance Company Limited85 comparable portfolios 13
- 05 State Bank of India212 comparable portfolios 12
- 06 LIC Housing Finance Limited37 comparable portfolios 11
- 07 SBI Life Insurance Company Limited135 comparable portfolios 11
- 08 Bharti Airtel Limited176 comparable portfolios 11
- 09 Quess Corp Limited31 comparable portfolios 11
- 10 Aditya Birla Fashion and Retail Limited63 comparable portfolios 11
Most widely held stocks
CompanyAMCs
- 01 Sun Pharmaceutical Industries Limited178 portfolios 16
- 02 Tata Consultancy Services Limited168 portfolios 16
- 03 Housing Development Finance Corp.Lt156 portfolios 16
- 04 ITC Limited143 portfolios 16
- 05 ICICI Bank Limited240 portfolios 15
- 06 HDFC Bank Limited232 portfolios 15
- 07 Reliance Industries Limited220 portfolios 15
- 08 Infosys Limited215 portfolios 15
- 09 Axis Bank Limited193 portfolios 15
- 10 Maruti Suzuki India Limited162 portfolios 15
Broader ownership
↗CompanyΔ AMCs
- 01 Steel Authority of India Limited11 AMCs now +6
- 02 Voltas Limited14 AMCs now +5
- 03 REC Limited9 AMCs now +3
- 04 Metropolis Healthcare Limited8 AMCs now +3
- 05 National Aluminium Company Limited10 AMCs now +3
- 06 Oil & Natural Gas Corporation Limited14 AMCs now +3
- 07 Exide Industries Limited11 AMCs now +3
- 08 Aurobindo Pharma Limited11 AMCs now +3
- 09 Polycab India Limited11 AMCs now +3
- 10 Aditya Birla Capital Limited10 AMCs now +3
Narrower ownership
↗CompanyΔ AMCs
- 01 LIC Housing Finance Limited8 AMCs now -2
- 02 Bata India Limited9 AMCs now -2
- 03 MRF Limited5 AMCs now -2
- 04 Electronics Mart India Limited4 AMCs now -1
- 05 State Bank of India14 AMCs now -1
- 06 NMDC Steel Limited6 AMCs now -1
- 07 Atul Limited11 AMCs now -1
- 08 Nuvoco Vistas Corporation Limited3 AMCs now -1
- 09 Cyient Limited8 AMCs now -1
- 10 Triveni Turbine Limited4 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 | Nov 2022 | Monthly | Aug 2026 |
| SIP contribution & assets | Not published for this period | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Nov 2022 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jul–Sep 2022 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Nov 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 →