India mutual fund monitor
July 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 Jul 2024 SIP Jul 2024 NFO Jul 2024 Fund-house assets Apr–Jun 2024 (quarterly) Holdings Jul 2024
AMFI monthly report, Jul 2024. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +1.92 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 +37,113 Cr
- Debt +1.20 lakh Cr
- Hybrid +17,436 Cr
- Index funds & ETFs +15,144 Cr
- Overseas fund of funds -366 Cr
- Solution oriented +226 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +37,113 | +40,608 | +112,419 | +289,442 |
| Debt | +119,588 | -107,358 | +54,525 | +21,377 |
| Hybrid | +17,436 | +8,855 | +44,281 | +182,656 |
| Index funds & ETFs | +15,144 | +14,932 | +46,084 | +106,144 |
| Overseas fund of funds | -366 | -330 | -1,049 | -3,265 |
| Solution oriented | +226 | +184 | +876 | +2,867 |
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 · Jul 2024
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +70,061 | +16.67% | +15,580 | -14,885 |
| Money MarketDebt | +28,738 | +14.08% | +46,600 | +72,416 |
| Sectoral / Thematic (combined)Equity | +18,386 | +4.80% | +59,951 | +108,921 |
| ArbitrageHybrid | +11,015 | +6.12% | +27,609 | +108,560 |
| Ultra Short TermDebt | +8,207 | +8.58% | +7,527 | -2,757 |
| Index Funds (single category)Passive | +8,020 | +3.29% | +17,582 | +39,266 |
| Multi CapEquity | +7,085 | +4.60% | +14,438 | +36,574 |
| Other ETFs (single category)Passive | +5,787 | +0.78% | +25,611 | +59,889 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| ELSS (Tax Saver)Equity | -638 | -0.27% | -1,333 | +1,074 |
| FocusedEquity | -620 | -0.43% | -1,213 | -2,442 |
| Credit RiskDebt | -543 | -2.45% | -1,562 | -4,259 |
| Medium TermDebt | -370 | -1.48% | -1,371 | -4,489 |
| Fund of Funds investing overseasFof Overseas | -366 | -1.42% | -1,049 | -3,265 |
| Banking and PSU DebtDebt | -308 | -0.39% | -3,089 | -6,960 |
| 10-year Constant Maturity GiltDebt | -42.15 | -0.94% | -731 | -93.90 |
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 Jul 2024; it is not a July 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
23,332 CrNo year-ago figure published
SIP contribution · 12 months
—Not published for this period
SIP assets
13.09 lakh Cr20.2% of industry assets
Contributing SIP accounts
—Not published for this period
Folios
19.84 Cr
+73.59 L on the month · +31.0% 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 · Jul 2024
15new schemes allotted
16,565 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 | 2 | 9,790 Cr | — |
| Multi Cap Fund | 1 | 3,945 Cr | — |
| Index Funds | 6 | 2,651 Cr | — |
| Other ETFs | 6 | 179 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 · Jul 2024
991companies held
24AMCs reporting
1,210new positions
1,029complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 Shriram Finance Limited127 comparable portfolios 18
- 02 Maruti Suzuki India Limited173 comparable portfolios 17
- 03 Infosys Limited254 comparable portfolios 17
- 04 Indian Railway Catering And Tourism Corporation Limited67 comparable portfolios 16
- 05 Zydus Lifesciences Limited94 comparable portfolios 16
- 06 HDFC Bank Limited285 comparable portfolios 16
- 07 LTM Limited107 comparable portfolios 15
- 08 Adani Enterprises Limited53 comparable portfolios 15
- 09 Grasim Industries Limited95 comparable portfolios 15
- 10 Hindustan Petroleum Corporation Limited94 comparable portfolios 15
Most AMCs reducing
↗CompanyAMCs
- 01 Bharti Airtel Limited227 comparable portfolios 14
- 02 Bharat Electronics Limited166 comparable portfolios 13
- 03 Trent Limited104 comparable portfolios 12
- 04 Power Finance Corporation Limited125 comparable portfolios 12
- 05 DLF Limited105 comparable portfolios 12
- 06 REC Limited143 comparable portfolios 12
- 07 Hindustan Aeronautics Limited143 comparable portfolios 12
- 08 Tata Steel Limited138 comparable portfolios 12
- 09 Dalmia Bharat Limited44 comparable portfolios 11
- 10 Ashok Leyland Limited64 comparable portfolios 11
Largest comparable holding increases
↗CompanyShares
- 01 Suzlon Energy Limited+12.9% · 46 portfolios +5.43 Cr
- 02 Vedanta Limited+70.1% · 85 portfolios +4.74 Cr
- 03 Oil & Natural Gas Corporation Limited+8.7% · 130 portfolios +4.35 Cr
- 04 Punjab National Bank+33.5% · 60 portfolios +4.22 Cr
- 05 The Federal Bank Limited+8.3% · 110 portfolios +3.05 Cr
- 06 FSN E-Commerce Ventures Limited+15.4% · 56 portfolios +2.65 Cr
- 07 GMR AIRPORTS LIMITED+25.2% · 34 portfolios +2.59 Cr
- 08 Power Grid Corporation of India Limited+3.3% · 150 portfolios +2.45 Cr
- 09 HDFC Bank Limited+2.9% · 285 portfolios +2.22 Cr
- 10 NMDC Limited+13.8% · 58 portfolios +1.57 Cr
Largest comparable holding decreases
↗CompanyShares
- 01 Vodafone Idea Limited-19.4% · 63 portfolios -53.15 Cr
- 02 ETERNAL LIMITED-6.1% · 156 portfolios -3.24 Cr
- 03 Bharat Electronics Limited-4.2% · 166 portfolios -2.36 Cr
- 04 Tata Steel Limited-3.1% · 138 portfolios -1.98 Cr
- 05 Indus Towers Limited-6.7% · 123 portfolios -1.51 Cr
- 06 Samvardhana Motherson International Limited-2.9% · 108 portfolios -1.30 Cr
- 07 National Aluminium Company Limited-10.4% · 54 portfolios -1.08 Cr
- 08 Power Finance Corporation Limited-5.9% · 125 portfolios -1.05 Cr
- 09 Aditya Birla Fashion and Retail Limited-17.0% · 43 portfolios -1.00 Cr
- 10 Tata Motors Passenger Vehicles Limited-4.6% · 169 portfolios -83.04 L
Most new positions
↗CompanyPositions
- 01 Emcure Pharmaceuticals Limited20 comparable portfolios 20
- 02 Pitti Engineering Limited23 comparable portfolios 20
- 03 HDFC Life Insurance Company Limited107 comparable portfolios 20
- 04 Oil & Natural Gas Corporation Limited130 comparable portfolios 16
- 05 PNB Housing Finance Limited43 comparable portfolios 16
- 06 Vedanta Limited85 comparable portfolios 15
- 07 Techno Electric & Engineering Company Limited28 comparable portfolios 14
- 08 MphasiS Limited87 comparable portfolios 14
- 09 Lupin Limited103 comparable portfolios 13
- 10 Zydus Lifesciences Limited94 comparable portfolios 12
Most complete exits
↗CompanyExits
- 01 Tata Motors Passenger Vehicles Limited169 comparable portfolios 26
- 02 IndusInd Bank Limited152 comparable portfolios 18
- 03 Tata Steel Limited138 comparable portfolios 17
- 04 Godrej Consumer Products Limited96 comparable portfolios 15
- 05 Deepak Nitrite Limited52 comparable portfolios 13
- 06 Divi's Laboratories Limited121 comparable portfolios 13
- 07 Dr. Lal Path Labs Ltd.43 comparable portfolios 12
- 08 Torrent Pharmaceuticals Limited72 comparable portfolios 12
- 09 Sun Pharmaceutical Industries Limited200 comparable portfolios 11
- 10 DLF Limited105 comparable portfolios 11
Most widely held stocks
CompanyAMCs
- 01 Bharti Airtel Limited237 portfolios 23
- 02 NTPC Limited215 portfolios 23
- 03 HDFC Bank Limited310 portfolios 22
- 04 Reliance Industries Limited274 portfolios 22
- 05 Larsen & Toubro Limited254 portfolios 22
- 06 Hindustan Unilever Limited190 portfolios 22
- 07 Bharat Electronics Limited176 portfolios 22
- 08 Bajaj Finance Limited166 portfolios 22
- 09 Power Grid Corporation of India Limited158 portfolios 22
- 10 Hindustan Aeronautics Limited153 portfolios 22
Broader ownership
↗CompanyΔ AMCs
- 01 Pitti Engineering Limited6 AMCs now +4
- 02 Grasim Industries Limited20 AMCs now +3
- 03 Tata Chemicals Limited15 AMCs now +3
- 04 Techno Electric & Engineering Company Limited10 AMCs now +3
- 05 Asian Paints Limited20 AMCs now +2
- 06 Praj Industries Limited12 AMCs now +2
- 07 Chambal Fertilizers & Chemicals Limited12 AMCs now +2
- 08 Metropolis Healthcare Limited14 AMCs now +2
- 09 Maharashtra Seamless Limited8 AMCs now +2
- 10 The Ramco Cements Limited16 AMCs now +2
Narrower ownership
↗CompanyΔ AMCs
- 01 Dr. Lal Path Labs Ltd.12 AMCs now -6
- 02 PVR INOX Limited11 AMCs now -4
- 03 Apollo Tyres Limited11 AMCs now -4
- 04 Relaxo Footwears Limited3 AMCs now -3
- 05 Bata India Limited10 AMCs now -3
- 06 AIA Engineering Limited14 AMCs now -3
- 07 Jindal Stainless Limited10 AMCs now -3
- 08 Deepak Nitrite Limited14 AMCs now -3
- 09 Solar Industries India Limited13 AMCs now -3
- 10 Syngene International Limited12 AMCs now -3
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 | Jul 2024 | Monthly | Aug 2026 |
| SIP contribution & assets | Jul 2024 | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Jul 2024 | Monthly | Aug 2026 |
| Fund-house assets & market share | Apr–Jun 2024 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Jul 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 →