India mutual fund monitor
June 2024
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 Jun 2024 SIP Jun 2024 NFO Jun 2024 Fund-house assets Apr–Jun 2024 (quarterly) Holdings Jun 2024
AMFI monthly report, Jun 2024. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +2.68 lakh 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 +40,608 Cr
- Debt -1.07 lakh Cr
- Hybrid +8,855 Cr
- Index funds & ETFs +14,932 Cr
- Overseas fund of funds -330 Cr
- Solution oriented +184 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +40,608 | +34,697 | +94,222 | +259,955 |
| Debt | -107,358 | +42,295 | +124,828 | -36,770 |
| Hybrid | +8,855 | +17,991 | +46,708 | +177,641 |
| Index funds & ETFs | +14,932 | +16,007 | +42,815 | +92,282 |
| Overseas fund of funds | -330 | -352 | -1,053 | -3,321 |
| Solution oriented | +184 | +465 | +896 | +2,762 |
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 · Jun 2024
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Sectoral / Thematic (combined)Equity | +22,352 | +6.63% | +46,731 | +91,964 |
| Money MarketDebt | +9,590 | +4.96% | +51,946 | +52,286 |
| Other ETFs (single category)Passive | +9,134 | +1.31% | +25,571 | +53,748 |
| Index Funds (single category)Passive | +5,072 | +2.21% | +16,086 | +32,426 |
| Multi CapEquity | +4,709 | +3.39% | +10,077 | +31,990 |
| ArbitrageHybrid | +3,837 | +2.12% | +30,496 | +107,620 |
| Multi Asset AllocationHybrid | +3,453 | +4.46% | +9,926 | +40,473 |
| Flexi CapEquity | +3,059 | +0.82% | +8,387 | +23,723 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -80,354 | -16.14% | +48,271 | -33,008 |
| OvernightDebt | -25,143 | -27.89% | +2,697 | -30,332 |
| Corporate BondDebt | -3,469 | -2.27% | +210 | +4,741 |
| Banking and PSU DebtDebt | -2,822 | -3.46% | -3,186 | -7,962 |
| Ultra Short TermDebt | -2,327 | -2.39% | +10,425 | -8,098 |
| GiltDebt | -1,213 | -3.71% | +3,826 | +6,852 |
| Short TermDebt | -1,094 | -1.07% | +1,366 | -3,857 |
| Floating Interest RatesDebt | -996 | -1.87% | +76.18 | -9,989 |
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: Apr–Jun 2024 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Jun 2024; it is not a June 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 | 9.88 lakh Cr | 16.76% | -0.13 pp | 1 |
| ICICI Prudential Mutual Fund | 7.47 lakh Cr | 12.68% | +0.06 pp | 2 |
| HDFC Mutual Fund | 6.72 lakh Cr | 11.39% | +0.07 pp | 3 |
| Nippon India Mutual Fund | 4.84 lakh Cr | 8.20% | +0.24 pp | 4 |
| Kotak Mahindra Mutual Fund | 4.19 lakh Cr | 7.10% | +0.06 pp | 5 |
| Aditya Birla Sun Life Mutual Fund | 3.53 lakh Cr | 5.98% | -0.15 pp | 6 |
| UTI Mutual Fund | 3.11 lakh Cr | 5.27% | -0.10 pp | 7 |
| Axis Mutual Fund | 2.92 lakh Cr | 4.95% | -0.12 pp | 8 |
| Mirae Asset Mutual Fund | 1.71 lakh Cr | 2.91% | -0.08 pp | 9 |
| DSP Mutual Fund | 1.56 lakh Cr | 2.65% | -0.08 pp | 10 |
Biggest share gainers · quarter
- quant Mutual Fund+0.29 pp
- Nippon India Mutual Fund+0.24 pp
- PPFAS Mutual Fund+0.08 pp
- HDFC Mutual Fund+0.07 pp
- Motilal Oswal Mutual Fund+0.06 pp
Biggest share decliners · quarter
- Aditya Birla Sun Life Mutual Fund-0.15 pp
- SBI Mutual Fund-0.13 pp
- Axis Mutual Fund-0.12 pp
- Tata Mutual Fund-0.11 pp
- UTI Mutual Fund-0.10 pp
Rank changes among the top 30
- Bajaj Finserv Mutual Fund29 → 27
- 360 ONE Mutual Fund27 → 29
- quant Mutual Fund19 → 18
- PPFAS Mutual Fund18 → 19
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
21,262 CrNo year-ago figure published
SIP contribution · 12 months
—Not published for this period
SIP assets
12.44 lakh Cr20.3% of industry assets
Contributing SIP accounts
—Not published for this period
Folios
19.10 Cr
+50.79 L on the month · +28.1% 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 · Jun 2024
17new schemes allotted
15,227 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 | 9 | 12,974 Cr | — |
| Multi Cap Fund | 1 | 1,051 Cr | — |
| Multi Asset Allocation Fund | 1 | 770 Cr | — |
| Small Cap Fund | 1 | 345 Cr | — |
| Other ETFs | 3 | 48.00 Cr | — |
| Index Funds | 2 | 39.00 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 · Jun 2024
973companies held
23AMCs reporting
1,284new positions
1,112complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 Indus Towers Limited108 comparable portfolios 18
- 02 Vedanta Limited72 comparable portfolios 15
- 03 Power Grid Corporation of India Limited147 comparable portfolios 15
- 04 MphasiS Limited76 comparable portfolios 14
- 05 LTM Limited104 comparable portfolios 14
- 06 Tech Mahindra Limited163 comparable portfolios 14
- 07 Wipro Limited88 comparable portfolios 13
- 08 Havells India Limited62 comparable portfolios 13
- 09 Oracle Financial Services Software Limited50 comparable portfolios 13
- 10 Kotak Mahindra Bank Limited184 comparable portfolios 13
Most AMCs reducing
↗CompanyAMCs
- 01 The Indian Hotels Company Limited77 comparable portfolios 12
- 02 Steel Authority of India Limited53 comparable portfolios 12
- 03 Power Finance Corporation Limited109 comparable portfolios 12
- 04 TVS Motor Company Limited118 comparable portfolios 12
- 05 NTPC Limited199 comparable portfolios 12
- 06 Larsen & Toubro Limited233 comparable portfolios 12
- 07 HDFC Life Insurance Company Limited98 comparable portfolios 11
- 08 Oil & Natural Gas Corporation Limited125 comparable portfolios 11
- 09 Bharat Electronics Limited163 comparable portfolios 11
- 10 The Ramco Cements Limited52 comparable portfolios 10
Largest comparable holding increases
↗CompanyShares
- 01 Vodafone Idea Limited+7.0% · 60 portfolios +15.11 Cr
- 02 Indus Towers Limited+268.3% · 108 portfolios +11.86 Cr
- 03 Suzlon Energy Limited+18.2% · 55 portfolios +6.90 Cr
- 04 Vedanta Limited+41.3% · 72 portfolios +2.08 Cr
- 05 IDFC First Bank Limited+19.6% · 43 portfolios +2.05 Cr
- 06 The Federal Bank Limited+6.3% · 98 portfolios +1.66 Cr
- 07 ITC Limited+2.3% · 176 portfolios +1.61 Cr
- 08 Tata Power Company Limited+18.5% · 85 portfolios +1.36 Cr
- 09 L&T Finance Limited+25.2% · 46 portfolios +1.30 Cr
- 10 REC Limited+13.9% · 145 portfolios +1.28 Cr
Largest comparable holding decreases
↗CompanyShares
- 01 Zee Entertainment Enterprises Limited-71.4% · 47 portfolios -6.41 Cr
- 02 Punjab National Bank-31.7% · 59 portfolios -4.88 Cr
- 03 NHPC Limited-36.3% · 33 portfolios -3.85 Cr
- 04 Steel Authority of India Limited-28.5% · 53 portfolios -3.48 Cr
- 05 Bharat Electronics Limited-7.7% · 163 portfolios -2.78 Cr
- 06 Tata Steel Limited-3.6% · 142 portfolios -2.42 Cr
- 07 Oil & Natural Gas Corporation Limited-6.6% · 125 portfolios -1.88 Cr
- 08 NTPC Limited-3.2% · 199 portfolios -1.61 Cr
- 09 Power Finance Corporation Limited-13.9% · 109 portfolios -1.60 Cr
- 10 Samvardhana Motherson International Limited-5.7% · 103 portfolios -1.59 Cr
Most new positions
↗CompanyPositions
- 01 Indus Towers Limited108 comparable portfolios 50
- 02 Sanofi Consumer Healthcare India Limited31 comparable portfolios 31
- 03 MphasiS Limited76 comparable portfolios 18
- 04 Craftsman Automation Limited44 comparable portfolios 16
- 05 ZF Commercial Vehicle Control Systems India Limited57 comparable portfolios 15
- 06 InterGlobe Aviation Limited120 comparable portfolios 15
- 07 Hindustan Unilever Limited158 comparable portfolios 14
- 08 Wipro Limited88 comparable portfolios 14
- 09 Adani Ports and Special Economic Zone Limited99 comparable portfolios 14
- 10 Vedanta Limited72 comparable portfolios 13
Most complete exits
↗CompanyExits
- 01 Zee Entertainment Enterprises Limited47 comparable portfolios 24
- 02 Oil & Natural Gas Corporation Limited125 comparable portfolios 17
- 03 Samvardhana Motherson International Limited103 comparable portfolios 16
- 04 Grasim Industries Limited98 comparable portfolios 14
- 05 The Ramco Cements Limited52 comparable portfolios 14
- 06 UltraTech Cement Limited156 comparable portfolios 14
- 07 DLF Limited109 comparable portfolios 12
- 08 Cholamandalam Investment and Finance Company Limited141 comparable portfolios 11
- 09 Escorts Kubota Limited61 comparable portfolios 10
- 10 Coforge Limited120 comparable portfolios 10
Most widely held stocks
CompanyAMCs
- 01 Bharti Airtel Limited266 portfolios 23
- 02 Larsen & Toubro Limited269 portfolios 22
- 03 NTPC Limited237 portfolios 22
- 04 Bharat Electronics Limited187 portfolios 22
- 05 Power Grid Corporation of India Limited174 portfolios 22
- 06 Tata Steel Limited162 portfolios 22
- 07 Indus Towers Limited133 portfolios 22
- 08 Bharat Petroleum Corporation Limited127 portfolios 22
- 09 HDFC Bank Limited330 portfolios 21
- 10 State Bank of India289 portfolios 21
Broader ownership
↗CompanyΔ AMCs
- 01 Indraprastha Gas Limited17 AMCs now +5
- 02 Muthoot Finance Limited16 AMCs now +5
- 03 SJVN Limited10 AMCs now +4
- 04 Prudent Corporate Advisory Services Limited9 AMCs now +4
- 05 Craftsman Automation Limited14 AMCs now +4
- 06 Cohance Lifesciences Limited15 AMCs now +4
- 07 Indus Towers Limited22 AMCs now +4
- 08 Oil India Limited17 AMCs now +4
- 09 Aditya Birla Fashion and Retail Limited14 AMCs now +4
- 10 MRF Limited14 AMCs now +4
Narrower ownership
↗CompanyΔ AMCs
- 01 Zee Entertainment Enterprises Limited9 AMCs now -7
- 02 Grasim Industries Limited17 AMCs now -2
- 03 Eicher Motors Limited17 AMCs now -2
- 04 S.J.S. Enterprises Limited5 AMCs now -2
- 05 The India Cements Limited12 AMCs now -2
- 06 UltraTech Cement Limited17 AMCs now -2
- 07 Crisil Limited12 AMCs now -1
- 08 Arvind Limited5 AMCs now -1
- 09 Escorts Kubota Limited15 AMCs now -1
- 10 Restaurant Brands Asia Limited5 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 | Jun 2024 | Monthly | Aug 2026 |
| SIP contribution & assets | Jun 2024 | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Jun 2024 | Monthly | Aug 2026 |
| Fund-house assets & market share | Apr–Jun 2024 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Jun 2024 | 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 →