India mutual fund monitor
June 2025
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 2025 SIP Jun 2025 NFO Jun 2025 Fund-house assets Apr–Jun 2025 (quarterly) Holdings Jun 2025
AMFI monthly report, Jun 2025. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +1.72 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 +23,587 Cr
- Debt -1,711 Cr
- Hybrid +23,223 Cr
- Index funds & ETFs +3,968 Cr
- Overseas fund of funds +28.80 Cr
- Solution oriented +206 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +23,587 | +19,013 | +66,869 | +389,700 |
| Debt | -1,711 | -15,908 | +201,516 | +215,069 |
| Hybrid | +23,223 | +20,765 | +58,235 | +130,559 |
| Index funds & ETFs | +3,968 | +5,483 | +30,058 | +129,628 |
| Overseas fund of funds | +28.80 | +42.83 | -305 | -1,317 |
| Solution oriented | +206 | +177 | +590 | +2,986 |
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 2025
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| ArbitrageHybrid | +15,585 | +6.66% | +43,077 | +63,381 |
| Short TermDebt | +10,277 | +8.37% | +16,830 | +21,042 |
| Money MarketDebt | +9,484 | +3.39% | +52,214 | +66,850 |
| Corporate BondDebt | +7,124 | +3.64% | +22,566 | +36,929 |
| Flexi CapEquity | +5,733 | +1.21% | +15,116 | +56,309 |
| Small CapEquity | +4,024 | +1.20% | +11,239 | +45,715 |
| Mid CapEquity | +3,754 | +0.92% | +9,877 | +44,360 |
| Large & Mid CapEquity | +3,497 | +1.22% | +8,740 | +41,099 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -25,196 | -4.82% | +53,255 | +43,333 |
| OvernightDebt | -8,154 | -10.30% | +7,625 | -67.50 |
| GiltDebt | -957 | -2.23% | +3.56 | +6,609 |
| ELSS (Tax Saver)Equity | -556 | -0.23% | -1,606 | +539 |
| Long TermDebt | -446 | -2.08% | +102 | +4,757 |
| Credit RiskDebt | -168 | -0.82% | -718 | -3,830 |
| 10-year Constant Maturity GiltDebt | -142 | -2.78% | -139 | -50.13 |
| Medium to Long TermDebt | -65.77 | -0.55% | +78.40 | -17.85 |
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 2025 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Jun 2025; 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 | 11.40 lakh Cr | 15.80% | -0.11 pp | 1 |
| ICICI Prudential Mutual Fund | 9.44 lakh Cr | 13.09% | +0.05 pp | 2 |
| HDFC Mutual Fund | 8.29 lakh Cr | 11.49% | +0.01 pp | 3 |
| Nippon India Mutual Fund | 6.13 lakh Cr | 8.49% | +0.23 pp | 4 |
| Kotak Mahindra Mutual Fund | 5.19 lakh Cr | 7.20% | +0.04 pp | 5 |
| Aditya Birla Sun Life Mutual Fund | 4.03 lakh Cr | 5.59% | -0.07 pp | 6 |
| UTI Mutual Fund | 3.61 lakh Cr | 5.00% | -0.04 pp | 7 |
| Axis Mutual Fund | 3.36 lakh Cr | 4.65% | -0.12 pp | 8 |
| Mirae Asset Mutual Fund | 1.98 lakh Cr | 2.75% | -0.01 pp | 9was 11 |
| DSP Mutual Fund | 1.98 lakh Cr | 2.74% | -0.04 pp | 10 |
Biggest share gainers · quarter
- Nippon India Mutual Fund+0.23 pp
- PPFAS Mutual Fund+0.10 pp
- Motilal Oswal Mutual Fund+0.07 pp
- ICICI Prudential Mutual Fund+0.05 pp
- Kotak Mahindra Mutual Fund+0.04 pp
Biggest share decliners · quarter
- Axis Mutual Fund-0.12 pp
- SBI Mutual Fund-0.11 pp
- Aditya Birla Sun Life Mutual Fund-0.07 pp
- Edelweiss Mutual Fund-0.06 pp
- Tata Mutual Fund-0.06 pp
Rank changes among the top 30
- Mirae Asset Mutual Fund11 → 9
- Tata Mutual Fund9 → 11
- PPFAS Mutual Fund18 → 16
- Franklin Templeton Mutual Fund15 → 17
- Invesco Mutual Fund16 → 15
- Canara Robeco Mutual Fund17 → 18
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 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 2025
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Index Funds | 9 | 689 Cr | — |
| Sectoral/Thematic Funds | 2 | 667 Cr | — |
| Liquid Fund | 1 | 335 Cr | — |
| Large & Mid Cap Fund | 1 | 153 Cr | — |
| Flexi Cap Fund | 1 | 108 Cr | — |
| Other ETFs | 6 | 34.00 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 2025
Most AMCs increasing
↗- 01 JSW Energy Limited79 comparable portfolios 18
- 02 Bajaj Finserv Limited192 comparable portfolios 18
- 03 Asian Paints Limited147 comparable portfolios 18
- 04 JSW Steel Limited113 comparable portfolios 18
- 05 Tata Steel Limited183 comparable portfolios 18
- 06 Varun Beverages Limited177 comparable portfolios 18
- 07 Hindustan Zinc Limited58 comparable portfolios 17
- 08 Swiggy Limited104 comparable portfolios 17
- 09 CG Power and Industrial Solutions Limited139 comparable portfolios 17
- 10 Hindustan Aeronautics Limited172 comparable portfolios 17
Most AMCs reducing
↗- 01 GE Vernova T&D India Limited126 comparable portfolios 15
- 02 Bharti Airtel Limited344 comparable portfolios 15
- 03 Bharat Electronics Limited272 comparable portfolios 15
- 04 Hitachi Energy India Limited96 comparable portfolios 14
- 05 Reliance Industries Limited331 comparable portfolios 14
- 06 ICICI Bank Limited406 comparable portfolios 14
- 07 Canara Bank99 comparable portfolios 13
- 08 Tata Motors Passenger Vehicles Limited188 comparable portfolios 13
- 09 APL Apollo Tubes Limited84 comparable portfolios 12
- 10 JK Cement Limited111 comparable portfolios 12
Largest comparable holding increases
↗- 01 Vodafone Idea Limited+17.2% · 49 portfolios +33.38 Cr
- 02 Vishal Mega Mart Limited+82.9% · 84 portfolios +27.42 Cr
- 03 Yes Bank Limited+49.1% · 47 portfolios +11.28 Cr
- 04 Niva Bupa Health Insurance Company Limited+206.0% · 31 portfolios +10.05 Cr
- 05 Suzlon Energy Limited+17.2% · 97 portfolios +7.72 Cr
- 06 Biocon Limited+73.6% · 93 portfolios +5.23 Cr
- 07 NTPC Limited+5.5% · 263 portfolios +5.07 Cr
- 08 Aditya Birla Capital Limited+54.6% · 70 portfolios +3.95 Cr
- 09 NTPC Green Energy Limited+19.2% · 65 portfolios +3.77 Cr
- 10 Asian Paints Limited+94.8% · 147 portfolios +3.64 Cr
Largest comparable holding decreases
↗- 01 Oil & Natural Gas Corporation Limited-5.7% · 150 portfolios -3.17 Cr
- 02 Canara Bank-11.8% · 99 portfolios -2.84 Cr
- 03 Paradeep Phosphates Limited-12.8% · 19 portfolios -1.74 Cr
- 04 Tata Motors Passenger Vehicles Limited-7.4% · 188 portfolios -1.68 Cr
- 05 NHPC Limited-6.3% · 48 portfolios -1.51 Cr
- 06 Steel Authority of India Limited-10.5% · 69 portfolios -1.40 Cr
- 07 IndusInd Bank Limited-12.8% · 178 portfolios -1.15 Cr
- 08 Indraprastha Gas Limited-23.2% · 49 portfolios -1.14 Cr
- 09 ETERNAL LIMITED-0.9% · 279 portfolios -1.11 Cr
- 10 Samvardhana Motherson International Limited-1.3% · 175 portfolios -1.00 Cr
Most new positions
↗- 01 HDB Financial Services Limited38 comparable portfolios 38
- 02 Siemens Energy India Limited137 comparable portfolios 36
- 03 InterGlobe Aviation Limited235 comparable portfolios 27
- 04 Biocon Limited93 comparable portfolios 25
- 05 Kaynes Technology India Limited104 comparable portfolios 23
- 06 SBI Life Insurance Company Limited195 comparable portfolios 22
- 07 Bajaj Finserv Limited192 comparable portfolios 21
- 08 SBI Cards and Payment Services Limited129 comparable portfolios 20
- 09 SRF Limited106 comparable portfolios 20
- 10 Vishal Mega Mart Limited84 comparable portfolios 18
Most complete exits
↗- 01 Siemens Energy India Limited137 comparable portfolios 45
- 02 Voltas Limited114 comparable portfolios 26
- 03 Trent Limited228 comparable portfolios 24
- 04 Oil India Limited102 comparable portfolios 21
- 05 IndusInd Bank Limited178 comparable portfolios 20
- 06 Hero MotoCorp Limited185 comparable portfolios 20
- 07 Siemens Limited123 comparable portfolios 19
- 08 Aditya Birla Lifestyle Brands Limited30 comparable portfolios 19
- 09 Info Edge (India) Limited146 comparable portfolios 18
- 10 PB Fintech Limited150 comparable portfolios 17
Most widely held stocks
- 01 Bharti Airtel Limited363 portfolios 28
- 02 InterGlobe Aviation Limited252 portfolios 28
- 03 HDFC Bank Limited437 portfolios 27
- 04 ICICI Bank Limited424 portfolios 27
- 05 Infosys Limited368 portfolios 27
- 06 Reliance Industries Limited354 portfolios 27
- 07 Kotak Mahindra Bank Limited321 portfolios 27
- 08 Bajaj Finance Limited290 portfolios 27
- 09 Bharat Electronics Limited283 portfolios 27
- 10 Titan Company Limited208 portfolios 27
Broader ownership
↗- 01 Dr. Reddy's Laboratories Limited25 AMCs now +4
- 02 Aditya Birla Fashion and Retail Limited17 AMCs now +4
- 03 Mahanagar Gas Limited18 AMCs now +3
- 04 NBCC (India) Limited14 AMCs now +3
- 05 JSW Energy Limited21 AMCs now +3
- 06 Piramal Enterprises Limited16 AMCs now +3
- 07 Indian Renewable Energy Development Agency Limited14 AMCs now +3
- 08 Poonawalla Fincorp Limited10 AMCs now +3
- 09 Alkem Laboratories Limited18 AMCs now +3
- 10 PNB Housing Finance Limited21 AMCs now +3
Narrower ownership
↗- 01 Aditya Birla Lifestyle Brands Limited4 AMCs now -6
- 02 Bluspring Enterprises Limited2 AMCs now -3
- 03 Astral Limited17 AMCs now -2
- 04 Gravita India Limited8 AMCs now -1
- 05 Arvind Limited8 AMCs now -1
- 06 Cohance Lifesciences Limited16 AMCs now -1
- 07 Paras Defence and Space Technologies Limited5 AMCs now -1
- 08 SHREE CEMENT LIMITED17 AMCs now -1
- 09 Sona BLW Precision Forgings Limited17 AMCs now -1
- 10 Greenpanel Industries Limited7 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 2025 | Monthly | Aug 2026 |
| SIP contribution & assets | Jun 2025 | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Jun 2025 | Monthly | Aug 2026 |
| Fund-house assets & market share | Apr–Jun 2025 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Jun 2025 | 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 →