India mutual fund monitor
October 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 Oct 2024 SIP Oct 2024 NFO Oct 2024 Fund-house assets Jul–Sep 2024 (quarterly) Holdings Oct 2024
AMFI monthly report, Oct 2024. Total net flow covers all schemes; the asset-class figures are open-ended schemes. -2.23 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 +41,887 Cr
- Debt +1.57 lakh Cr
- Hybrid +16,863 Cr
- Index funds & ETFs +23,334 Cr
- Overseas fund of funds +93.91 Cr
- Solution oriented +326 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +41,887 | +34,419 | +114,545 | +349,694 |
| Debt | +157,402 | -113,834 | +88,738 | +194,865 |
| Hybrid | +16,863 | +4,901 | +31,770 | +168,787 |
| Index funds & ETFs | +23,334 | +3,574 | +41,861 | +130,300 |
| Overseas fund of funds | +93.91 | -320 | -579 | -3,139 |
| Solution oriented | +326 | +233 | +786 | +2,953 |
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 2024
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +83,863 | +19.05% | +24,792 | +77,944 |
| OvernightDebt | +25,784 | +38.33% | +21,527 | +7,954 |
| Money MarketDebt | +25,303 | +11.30% | +11,976 | +87,210 |
| Other ETFs (single category)Passive | +13,442 | +1.66% | +23,916 | +73,901 |
| Sectoral / Thematic (combined)Equity | +12,279 | +2.63% | +43,651 | +140,723 |
| Index Funds (single category)Passive | +7,931 | +2.94% | +13,139 | +46,648 |
| ArbitrageHybrid | +7,182 | +3.78% | +6,022 | +89,401 |
| Ultra Short TermDebt | +7,054 | +7.04% | +1,468 | +5,644 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Credit RiskDebt | -358 | -1.68% | -1,232 | -4,763 |
| Medium TermDebt | -149 | -0.58% | +213 | -3,263 |
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 2024 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Oct 2024; 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 | 10.99 lakh Cr | 16.59% | -0.17 pp | 1 |
| ICICI Prudential Mutual Fund | 8.41 lakh Cr | 12.70% | +0.03 pp | 2 |
| HDFC Mutual Fund | 7.59 lakh Cr | 11.46% | +0.07 pp | 3 |
| Nippon India Mutual Fund | 5.49 lakh Cr | 8.29% | +0.09 pp | 4 |
| Kotak Mahindra Mutual Fund | 4.70 lakh Cr | 7.10% | +0.00 pp | 5 |
| Aditya Birla Sun Life Mutual Fund | 3.83 lakh Cr | 5.79% | -0.19 pp | 6 |
| UTI Mutual Fund | 3.43 lakh Cr | 5.17% | -0.10 pp | 7 |
| Axis Mutual Fund | 3.12 lakh Cr | 4.72% | -0.24 pp | 8 |
| Mirae Asset Mutual Fund | 1.92 lakh Cr | 2.89% | -0.01 pp | 9 |
| DSP Mutual Fund | 1.82 lakh Cr | 2.75% | +0.10 pp | 10 |
Biggest share gainers · quarter
- Motilal Oswal Mutual Fund+0.15 pp
- DSP Mutual Fund+0.10 pp
- quant Mutual Fund+0.09 pp
- Nippon India Mutual Fund+0.09 pp
- Tata Mutual Fund+0.08 pp
Biggest share decliners · quarter
- Axis Mutual Fund-0.24 pp
- Aditya Birla Sun Life Mutual Fund-0.19 pp
- SBI Mutual Fund-0.17 pp
- UTI Mutual Fund-0.10 pp
- Edelweiss Mutual Fund-0.10 pp
Rank changes among the top 30
- quant Mutual Fund18 → 17
- Invesco Mutual Fund17 → 18
- Motilal Oswal Mutual Fund21 → 20
- Sundaram Mutual Fund20 → 21
- Mahindra Manulife Mutual Fund25 → 24
- PGIM India Mutual Fund24 → 25
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
25,323 CrNo year-ago figure published
SIP contribution · 12 months
—Not published for this period
SIP assets
13.30 lakh Cr19.8% of industry assets
Contributing SIP accounts
7.94 CrAccounts that paid in this month
Folios
21.65 Cr
+59.87 L on the month · +35.6% 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 · Oct 2024
29new schemes allotted
6,078 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 | 4 | 3,517 Cr | — |
| Index Funds | 17 | 1,895 Cr | — |
| Multi Cap Fund | 1 | 350 Cr | — |
| Large & Mid Cap Fund | 1 | 180 Cr | — |
| Other ETFs | 5 | 107 Cr | — |
| Gold ETF | 1 | 29.00 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 2024
1,039companies held
25AMCs reporting
1,491new positions
1,035complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 Titan Company Limited171 comparable portfolios 21
- 02 Bharat Petroleum Corporation Limited156 comparable portfolios 19
- 03 Eicher Motors Limited112 comparable portfolios 19
- 04 Axis Bank Limited262 comparable portfolios 19
- 05 HDFC Bank Limited357 comparable portfolios 19
- 06 State Bank of India293 comparable portfolios 19
- 07 Reliance Industries Limited329 comparable portfolios 19
- 08 Apollo Hospitals Enterprise Limited146 comparable portfolios 18
- 09 Cipla Limited188 comparable portfolios 18
- 10 HCL Technologies Limited216 comparable portfolios 18
Most AMCs reducing
↗CompanyAMCs
- 01 RBL Bank Limited57 comparable portfolios 14
- 02 Hindustan Petroleum Corporation Limited122 comparable portfolios 14
- 03 Indus Towers Limited131 comparable portfolios 12
- 04 Dixon Technologies (India) Limited147 comparable portfolios 12
- 05 Coal India Limited160 comparable portfolios 12
- 06 Oberoi Realty Limited79 comparable portfolios 11
- 07 Multi Commodity Exchange of India Limited96 comparable portfolios 11
- 08 Adani Enterprises Limited80 comparable portfolios 11
- 09 Grasim Industries Limited132 comparable portfolios 11
- 10 Hindustan Aeronautics Limited163 comparable portfolios 11
Largest comparable holding increases
↗CompanyShares
- 01 Vodafone Idea Limited+9.8% · 53 portfolios +16.48 Cr
- 02 IDFC First Bank Limited+91.1% · 54 portfolios +11.18 Cr
- 03 Punjab National Bank+47.4% · 89 portfolios +10.59 Cr
- 04 ETERNAL LIMITED+7.5% · 204 portfolios +5.35 Cr
- 05 Bank of Maharashtra+235.9% · 33 portfolios +3.35 Cr
- 06 Tata Steel Limited+4.0% · 175 portfolios +3.15 Cr
- 07 Power Grid Corporation of India Limited+3.3% · 186 portfolios +2.76 Cr
- 08 NBCC (India) Limited+49.7% · 22 portfolios +2.35 Cr
- 09 Reliance Industries Limited+3.2% · 329 portfolios +2.31 Cr
- 10 ICICI Bank Limited+2.2% · 345 portfolios +2.12 Cr
Largest comparable holding decreases
↗CompanyShares
- 01 RBL Bank Limited-29.9% · 57 portfolios -3.04 Cr
- 02 Steel Authority of India Limited-15.4% · 64 portfolios -2.98 Cr
- 03 Bajaj Housing Finance Limited-31.8% · 31 portfolios -1.77 Cr
- 04 NMDC Limited-11.2% · 79 portfolios -1.59 Cr
- 05 National Aluminium Company Limited-12.5% · 62 portfolios -1.52 Cr
- 06 Bandhan Bank Limited-13.2% · 64 portfolios -1.38 Cr
- 07 Indian Oil Corporation Limited-4.3% · 76 portfolios -1.05 Cr
- 08 Ola Electric Mobility Limited-9.6% · 23 portfolios -88.14 L
- 09 Tata Motors Passenger Vehicles Limited-2.9% · 211 portfolios -76.36 L
- 10 Bharat Electronics Limited-1.1% · 228 portfolios -72.66 L
Most new positions
↗CompanyPositions
- 01 Hyundai Motor India Limited62 comparable portfolios 62
- 02 Waaree Energies Limited34 comparable portfolios 34
- 03 Cipla Limited188 comparable portfolios 18
- 04 HCL Technologies Limited216 comparable portfolios 17
- 05 Eicher Motors Limited112 comparable portfolios 16
- 06 Coforge Limited157 comparable portfolios 16
- 07 Tata Chemicals Limited48 comparable portfolios 15
- 08 Afcons Infrastructure Limited15 comparable portfolios 15
- 09 Punjab National Bank89 comparable portfolios 15
- 10 Mahindra & Mahindra Limited240 comparable portfolios 14
Most complete exits
↗CompanyExits
- 01 Avenue Supermarts Limited122 comparable portfolios 22
- 02 Hindustan Aeronautics Limited163 comparable portfolios 17
- 03 Balrampur Chini Mills Limited51 comparable portfolios 13
- 04 SBI Cards and Payment Services Limited74 comparable portfolios 12
- 05 MphasiS Limited119 comparable portfolios 12
- 06 Coal India Limited160 comparable portfolios 12
- 07 Oil & Natural Gas Corporation Limited155 comparable portfolios 11
- 08 Indiamart Intermesh Limited44 comparable portfolios 11
- 09 Infosys Limited322 comparable portfolios 10
- 10 Tata Steel Limited175 comparable portfolios 10
Most widely held stocks
CompanyAMCs
- 01 Bharti Airtel Limited297 portfolios 24
- 02 Reliance Industries Limited330 portfolios 23
- 03 Infosys Limited317 portfolios 23
- 04 State Bank of India297 portfolios 23
- 05 NTPC Limited267 portfolios 23
- 06 Bharat Electronics Limited224 portfolios 23
- 07 Bajaj Finance Limited221 portfolios 23
- 08 HCL Technologies Limited216 portfolios 23
- 09 Hindustan Unilever Limited215 portfolios 23
- 10 REC Limited176 portfolios 23
Broader ownership
↗CompanyΔ AMCs
- 01 L&T Technology Services Limited16 AMCs now +3
- 02 Punjab National Bank19 AMCs now +3
- 03 PVR INOX Limited15 AMCs now +3
- 04 Motilal Oswal Financial Services Limited12 AMCs now +3
- 05 Escorts Kubota Limited19 AMCs now +2
- 06 Eicher Motors Limited21 AMCs now +2
- 07 UTI Asset Management Company Limited12 AMCs now +2
- 08 Akums Drugs and Pharmaceuticals Limited8 AMCs now +2
- 09 TARC Limited6 AMCs now +2
- 10 Atul Limited15 AMCs now +2
Narrower ownership
↗CompanyΔ AMCs
- 01 Balrampur Chini Mills Limited11 AMCs now -6
- 02 L&T Finance Limited16 AMCs now -3
- 03 Manappuram Finance Limited11 AMCs now -3
- 04 ICICI Securities Limited7 AMCs now -3
- 05 BIRLASOFT LIMITED15 AMCs now -3
- 06 Indiamart Intermesh Limited11 AMCs now -3
- 07 Jamna Auto Industries Limited6 AMCs now -2
- 08 Oil & Natural Gas Corporation Limited21 AMCs now -2
- 09 Jindal Stainless Limited12 AMCs now -2
- 10 Indian Oil Corporation Limited20 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 2024 | Monthly | Aug 2026 |
| SIP contribution & assets | Oct 2024 | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Oct 2024 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jul–Sep 2024 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Oct 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 →