India mutual fund monitor
November 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 Nov 2024 SIP Nov 2024 NFO Nov 2024 Fund-house assets Jul–Sep 2024 (quarterly) Holdings Nov 2024
AMFI monthly report, Nov 2024. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +22,191 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 +35,943 Cr
- Debt +12,916 Cr
- Hybrid +4,124 Cr
- Index funds & ETFs +7,131 Cr
- Overseas fund of funds -69.48 Cr
- Solution oriented +319 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +35,943 | +41,887 | +112,249 | +370,101 |
| Debt | +12,916 | +157,402 | +56,484 | +212,488 |
| Hybrid | +4,124 | +16,863 | +25,888 | +159,373 |
| Index funds & ETFs | +7,131 | +23,334 | +34,040 | +134,910 |
| Overseas fund of funds | -69.48 | +93.91 | -296 | -2,923 |
| Solution oriented | +319 | +326 | +878 | +3,086 |
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 2024
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Sectoral / Thematic (combined)Equity | +7,658 | +1.69% | +33,191 | +146,416 |
| Flexi CapEquity | +5,084 | +1.19% | +13,479 | +37,318 |
| Mid CapEquity | +4,883 | +1.28% | +12,697 | +30,602 |
| Large & Mid CapEquity | +4,680 | +1.79% | +13,135 | +38,040 |
| Ultra Short to Short TermDebt | +4,374 | +3.87% | +10,654 | +5,010 |
| Index Funds (single category)Passive | +4,343 | +1.62% | +14,234 | +49,637 |
| Small CapEquity | +4,112 | +1.28% | +10,955 | +33,413 |
| Multi CapEquity | +3,626 | +2.08% | +10,732 | +39,501 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -1,779 | -0.34% | +9,418 | +76,809 |
| ArbitrageHybrid | -1,353 | -0.68% | +2,297 | +78,644 |
| Short TermDebt | -454 | -0.39% | +2,343 | +6,940 |
| Floating Interest RatesDebt | -342 | -0.65% | -1,406 | -12,426 |
| Banking and PSU DebtDebt | -259 | -0.33% | -1,301 | -7,755 |
| Medium to Long TermDebt | -243 | -2.08% | +17.93 | +267 |
| Medium TermDebt | -201 | -0.79% | -45.13 | -3,184 |
| Credit RiskDebt | -196 | -0.93% | -1,037 | -4,706 |
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 Nov 2024; 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 | 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
25,320 CrNo year-ago figure published
SIP contribution · 12 months
—Not published for this period
SIP assets
13.54 lakh Cr19.9% of industry assets
Contributing SIP accounts
7.97 CrAccounts that paid in this month
Folios
22.08 Cr
+43.12 L on the month · +36.5% 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 2024
18new schemes allotted
4,052 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 | 3 | 2,751 Cr | — |
| Index Funds | 10 | 523 Cr | — |
| Small Cap Fund | 1 | 358 Cr | — |
| Liquid Fund | 1 | 269 Cr | — |
| Arbitrage Fund | 2 | 140 Cr | — |
| Other ETFs | 1 | 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 · Nov 2024
1,010companies held
23AMCs reporting
992new positions
818complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 Trent Limited170 comparable portfolios 19
- 02 Axis Bank Limited251 comparable portfolios 19
- 03 Havells India Limited96 comparable portfolios 18
- 04 ICICI Bank Limited334 comparable portfolios 18
- 05 Reliance Industries Limited288 comparable portfolios 18
- 06 IndusInd Bank Limited193 comparable portfolios 17
- 07 State Bank of India281 comparable portfolios 17
- 08 HCL Technologies Limited204 comparable portfolios 17
- 09 Punjab National Bank91 comparable portfolios 16
- 10 Muthoot Finance Limited87 comparable portfolios 16
Most AMCs reducing
↗CompanyAMCs
- 01 HDFC Bank Limited340 comparable portfolios 16
- 02 Voltas Limited128 comparable portfolios 13
- 03 Titan Company Limited165 comparable portfolios 13
- 04 City Union Bank Limited49 comparable portfolios 12
- 05 Ambuja Cements Limited104 comparable portfolios 12
- 06 Alkem Laboratories Limited93 comparable portfolios 12
- 07 Power Grid Corporation of India Limited174 comparable portfolios 12
- 08 GMR AIRPORTS LIMITED48 comparable portfolios 11
- 09 Zydus Lifesciences Limited97 comparable portfolios 11
- 10 Vodafone Idea Limited53 comparable portfolios 10
Largest comparable holding increases
↗CompanyShares
- 01 NTPC Green Energy Limited— · 47 portfolios +15.21 Cr
- 02 ETERNAL LIMITED+16.5% · 200 portfolios +11.42 Cr
- 03 Punjab National Bank+33.2% · 91 portfolios +10.82 Cr
- 04 Swiggy Limited— · 59 portfolios +6.38 Cr
- 05 GAIL (India) Limited+7.2% · 110 portfolios +2.26 Cr
- 06 Reliance Industries Limited+3.0% · 288 portfolios +2.03 Cr
- 07 Coal India Limited+4.0% · 153 portfolios +1.78 Cr
- 08 Varun Beverages Limited+25.5% · 129 portfolios +1.71 Cr
- 09 ICICI Bank Limited+1.6% · 334 portfolios +1.51 Cr
- 10 Adani Ports and Special Economic Zone Limited+24.1% · 135 portfolios +1.50 Cr
Largest comparable holding decreases
↗CompanyShares
- 01 Vodafone Idea Limited-3.9% · 53 portfolios -7.24 Cr
- 02 Power Grid Corporation of India Limited-3.2% · 174 portfolios -2.77 Cr
- 03 National Aluminium Company Limited-22.8% · 69 portfolios -2.44 Cr
- 04 GMR AIRPORTS LIMITED-9.9% · 48 portfolios -2.08 Cr
- 05 HDFC Bank Limited-1.8% · 340 portfolios -1.71 Cr
- 06 FSN E-Commerce Ventures Limited-6.0% · 80 portfolios -1.55 Cr
- 07 Samvardhana Motherson International Limited-2.0% · 161 portfolios -1.16 Cr
- 08 City Union Bank Limited-9.2% · 49 portfolios -1.10 Cr
- 09 IDFC First Bank Limited-3.4% · 55 portfolios -79.86 L
- 10 Ola Electric Mobility Limited-9.0% · 22 portfolios -71.64 L
Most new positions
↗CompanyPositions
- 01 Swiggy Limited59 comparable portfolios 59
- 02 NTPC Green Energy Limited47 comparable portfolios 47
- 03 Wockhardt Limited26 comparable portfolios 18
- 04 Varun Beverages Limited129 comparable portfolios 15
- 05 Indiamart Intermesh Limited43 comparable portfolios 12
- 06 Jio Financial Services Limited61 comparable portfolios 11
- 07 Acme Solar Holdings Limited10 comparable portfolios 10
- 08 Housing & Urban Development Corporation Limited41 comparable portfolios 9
- 09 Central Depository Services (India) Limited51 comparable portfolios 9
- 10 ETERNAL LIMITED200 comparable portfolios 9
Most complete exits
↗CompanyExits
- 01 Oberoi Realty Limited77 comparable portfolios 18
- 02 Cholamandalam Investment and Finance Company Limited159 comparable portfolios 15
- 03 United Breweries Limited75 comparable portfolios 14
- 04 Hero MotoCorp Limited178 comparable portfolios 13
- 05 ACC Limited78 comparable portfolios 11
- 06 Alkem Laboratories Limited93 comparable portfolios 10
- 07 Bajaj Auto Limited191 comparable portfolios 10
- 08 Tata Steel Limited155 comparable portfolios 9
- 09 Ola Electric Mobility Limited22 comparable portfolios 9
- 10 Tata Motors Passenger Vehicles Limited189 comparable portfolios 9
Most widely held stocks
CompanyAMCs
- 01 Infosys Limited310 portfolios 23
- 02 Bharti Airtel Limited289 portfolios 23
- 03 HCL Technologies Limited205 portfolios 23
- 04 HDFC Bank Limited351 portfolios 22
- 05 Reliance Industries Limited296 portfolios 22
- 06 Bharat Electronics Limited220 portfolios 22
- 07 Hindustan Unilever Limited196 portfolios 22
- 08 REC Limited177 portfolios 22
- 09 InterGlobe Aviation Limited162 portfolios 22
- 10 Shriram Finance Limited154 portfolios 22
Broader ownership
↗CompanyΔ AMCs
- 01 Housing & Urban Development Corporation Limited14 AMCs now +3
- 02 Mahanagar Gas Limited15 AMCs now +2
- 03 Wockhardt Limited7 AMCs now +2
- 04 National Aluminium Company Limited16 AMCs now +2
- 05 Adani Total Gas Limited14 AMCs now +2
- 06 Yes Bank Limited11 AMCs now +2
- 07 HFCL LIMITED10 AMCs now +2
- 08 Computer Age Management Services Limited13 AMCs now +2
- 09 Angel One Limited15 AMCs now +2
- 10 Indiamart Intermesh Limited13 AMCs now +2
Narrower ownership
↗CompanyΔ AMCs
- 01 United Breweries Limited10 AMCs now -5
- 02 Oberoi Realty Limited14 AMCs now -4
- 03 Escorts Kubota Limited16 AMCs now -3
- 04 GAIL (India) Limited16 AMCs now -3
- 05 Power Finance Corporation Limited18 AMCs now -3
- 06 Tata Power Company Limited19 AMCs now -3
- 07 MphasiS Limited17 AMCs now -3
- 08 City Union Bank Limited15 AMCs now -3
- 09 NMDC Limited15 AMCs now -3
- 10 Maruti Suzuki India Limited19 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 | Nov 2024 | Monthly | Aug 2026 |
| SIP contribution & assets | Nov 2024 | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Nov 2024 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jul–Sep 2024 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Nov 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 →