India mutual fund monitor
August 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 Aug 2025 SIP Aug 2025 NFO Aug 2025 Fund-house assets Apr–Jun 2025 (quarterly) Holdings Aug 2025
AMFI monthly report, Aug 2025. Total net flow covers all schemes; the asset-class figures are open-ended schemes. -69,711 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 +33,430 Cr
- Debt -7,980 Cr
- Hybrid +15,294 Cr
- Index funds & ETFs +10,936 Cr
- Overseas fund of funds +501 Cr
- Solution oriented +320 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +33,430 | +42,702 | +99,720 | +390,481 |
| Debt | -7,980 | +106,801 | +97,110 | +149,133 |
| Hybrid | +15,294 | +20,879 | +59,396 | +139,291 |
| Index funds & ETFs | +10,936 | +8,063 | +22,967 | +118,530 |
| Overseas fund of funds | +501 | +197 | +726 | +99.65 |
| Solution oriented | +320 | +283 | +809 | +3,134 |
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 · Aug 2025
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Flexi CapEquity | +7,679 | +1.56% | +21,067 | +65,077 |
| Other ETFs (single category)Passive | +7,244 | +0.86% | +12,565 | +62,484 |
| ArbitrageHybrid | +6,667 | +2.60% | +29,547 | +63,956 |
| Mid CapEquity | +5,331 | +1.24% | +14,268 | +50,174 |
| Small CapEquity | +4,993 | +1.40% | +15,502 | +51,874 |
| OvernightDebt | +4,951 | +6.12% | +5,662 | -5,809 |
| Sectoral / Thematic (combined)Equity | +3,893 | +0.76% | +13,795 | +81,269 |
| Multi Asset AllocationHybrid | +3,528 | +2.75% | +12,935 | +36,875 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | -13,350 | -2.46% | +809 | -14,318 |
| GiltDebt | -928 | -2.22% | -1,726 | +2,677 |
| Corporate BondDebt | -825 | -0.40% | +7,721 | +34,597 |
| Banking and PSU DebtDebt | -800 | -0.98% | -1,224 | -2,962 |
| Dynamic TermDebt | -395 | -1.06% | -288 | +167 |
| Credit RiskDebt | -244 | -1.20% | -683 | -3,412 |
| Floating Interest RatesDebt | -205 | -0.39% | +190 | -5,035 |
| Dividend YieldEquity | -175 | -0.54% | -32.49 | +2,977 |
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 Aug 2025; it is not a August 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
28,265 Cr+20.0% year on year
SIP contribution · 12 months
3.17 lakh CrNeeds 12 published months
SIP assets
15.18 lakh Cr20.2% of industry assets
Contributing SIP accounts
8.99 CrAccounts that paid in this month
Folios
24.89 Cr
+31.85 L on the month · +21.7% 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 · Aug 2025
24new schemes allotted
2,904 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 | 1,422 Cr | — |
| Mid Cap Fund | 1 | 634 Cr | — |
| Index Funds | 11 | 537 Cr | — |
| Multi Asset Allocation Fund | 1 | 110 Cr | — |
| Other ETFs | 6 | 83.00 Cr | — |
| Arbitrage Fund | 1 | 49.00 Cr | — |
| Flexi Cap Fund | 1 | 45.00 Cr | — |
| Equity Savings Fund | 1 | 24.00 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 · Aug 2025
1,164companies held
27AMCs reporting
1,092new positions
1,050complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 Bharti Airtel Limited339 comparable portfolios 21
- 02 Infosys Limited342 comparable portfolios 20
- 03 ETERNAL LIMITED279 comparable portfolios 20
- 04 JSW Steel Limited104 comparable portfolios 19
- 05 Reliance Industries Limited324 comparable portfolios 18
- 06 ICICI Bank Limited391 comparable portfolios 18
- 07 Kotak Mahindra Bank Limited302 comparable portfolios 18
- 08 One 97 Communications Limited113 comparable portfolios 17
- 09 Adani Ports and Special Economic Zone Limited146 comparable portfolios 17
- 10 InterGlobe Aviation Limited237 comparable portfolios 17
Most AMCs reducing
↗CompanyAMCs
- 01 Tata Power Company Limited130 comparable portfolios 13
- 02 Kalyan Jewellers India Limited58 comparable portfolios 12
- 03 United Spirits Limited154 comparable portfolios 12
- 04 Tube Investments of India Limited91 comparable portfolios 11
- 05 Hitachi Energy India Limited91 comparable portfolios 11
- 06 RBL Bank Limited70 comparable portfolios 11
- 07 Sun Pharmaceutical Industries Limited246 comparable portfolios 11
- 08 Cipla Limited181 comparable portfolios 11
- 09 Dalmia Bharat Limited58 comparable portfolios 10
- 10 Zydus Lifesciences Limited71 comparable portfolios 10
Largest comparable holding increases
↗CompanyShares
- 01 ETERNAL LIMITED+15.8% · 279 portfolios +20.37 Cr
- 02 JSW Cement Limited— · 24 portfolios +7.60 Cr
- 03 Adani Energy Solutions Limited+174.5% · 67 portfolios +3.65 Cr
- 04 Indian Energy Exchange Limited+20.7% · 54 portfolios +3.07 Cr
- 05 The Federal Bank Limited+5.3% · 160 portfolios +2.74 Cr
- 06 NMDC Limited+5.6% · 82 portfolios +2.36 Cr
- 07 GAIL (India) Limited+5.9% · 121 portfolios +2.35 Cr
- 08 Tata Steel Limited+2.3% · 178 portfolios +2.07 Cr
- 09 Infosys Limited+4.2% · 342 portfolios +2.00 Cr
- 10 Power Grid Corporation of India Limited+2.3% · 172 portfolios +1.97 Cr
Largest comparable holding decreases
↗CompanyShares
- 01 Vodafone Idea Limited-16.5% · 49 portfolios -44.99 Cr
- 02 IRB Infrastructure Developers Limited-86.2% · 36 portfolios -4.05 Cr
- 03 Vishal Mega Mart Limited-6.1% · 86 portfolios -3.90 Cr
- 04 Suzlon Energy Limited-6.3% · 102 portfolios -3.39 Cr
- 05 Aditya Birla Fashion and Retail Limited-32.6% · 41 portfolios -1.73 Cr
- 06 RBL Bank Limited-15.1% · 70 portfolios -1.35 Cr
- 07 Bharat Petroleum Corporation Limited-5.4% · 149 portfolios -1.22 Cr
- 08 Granules India Limited-41.4% · 56 portfolios -86.62 L
- 09 Fortis Healthcare Limited-8.2% · 126 portfolios -81.85 L
- 10 CESC Limited-4.7% · 60 portfolios -70.28 L
Most new positions
↗CompanyPositions
- 01 JSW Cement Limited24 comparable portfolios 24
- 02 One 97 Communications Limited113 comparable portfolios 18
- 03 Hero MotoCorp Limited168 comparable portfolios 13
- 04 Aditya Infotech Limited40 comparable portfolios 13
- 05 Asian Paints Limited163 comparable portfolios 12
- 06 HDFC Asset Management Company Limited148 comparable portfolios 12
- 07 Maruti Suzuki India Limited242 comparable portfolios 12
- 08 Eicher Motors Limited152 comparable portfolios 11
- 09 Clean Science and Technology Limited39 comparable portfolios 11
- 10 Cummins India Limited157 comparable portfolios 11
Most complete exits
↗CompanyExits
- 01 Granules India Limited56 comparable portfolios 16
- 02 Aditya Birla Fashion and Retail Limited41 comparable portfolios 14
- 03 IRB Infrastructure Developers Limited36 comparable portfolios 13
- 04 Dr. Reddy's Laboratories Limited142 comparable portfolios 12
- 05 BSE Limited112 comparable portfolios 12
- 06 CESC Limited60 comparable portfolios 12
- 07 Poonawalla Fincorp Limited45 comparable portfolios 12
- 08 Hindalco Industries Limited202 comparable portfolios 11
- 09 Life Insurance Corporation Of India59 comparable portfolios 11
- 10 UPL Limited73 comparable portfolios 11
Most widely held stocks
CompanyAMCs
- 01 ICICI Bank Limited396 portfolios 27
- 02 HDFC Bank Limited405 portfolios 26
- 03 Bharti Airtel Limited340 portfolios 26
- 04 Reliance Industries Limited322 portfolios 26
- 05 Bajaj Finance Limited286 portfolios 26
- 06 Mahindra & Mahindra Limited277 portfolios 26
- 07 Infosys Limited343 portfolios 25
- 08 Kotak Mahindra Bank Limited297 portfolios 25
- 09 Axis Bank Limited286 portfolios 25
- 10 Bharat Electronics Limited268 portfolios 25
Broader ownership
↗CompanyΔ AMCs
- 01 Sammaan Capital Limited11 AMCs now +4
- 02 Authum Investment & Infrastructure Limited9 AMCs now +3
- 03 Inox Wind Limited13 AMCs now +2
- 04 Thangamayil Jewellery Limited8 AMCs now +2
- 05 Ather Energy Limited8 AMCs now +2
- 06 Advent Hotels International Limited8 AMCs now +2
- 07 Sarda Energy & Minerals Limited8 AMCs now +2
- 08 Sai Life Sciences Limited14 AMCs now +2
- 09 Krishna Institute of Medical Sciences Limited17 AMCs now +2
- 10 Gravita India Limited9 AMCs now +1
Narrower ownership
↗CompanyΔ AMCs
- 01 Granules India Limited9 AMCs now -9
- 02 Aditya Birla Fashion and Retail Limited10 AMCs now -8
- 03 IRB Infrastructure Developers Limited10 AMCs now -8
- 04 Poonawalla Fincorp Limited7 AMCs now -6
- 05 UPL Limited15 AMCs now -6
- 06 Life Insurance Corporation Of India13 AMCs now -5
- 07 CESC Limited13 AMCs now -5
- 08 Dr. Reddy's Laboratories Limited19 AMCs now -4
- 09 ABB India Limited19 AMCs now -4
- 10 Aurobindo Pharma Limited17 AMCs now -4
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 | Aug 2025 | Monthly | Aug 2026 |
| SIP contribution & assets | Aug 2025 | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Aug 2025 | Monthly | Aug 2026 |
| Fund-house assets & market share | Apr–Jun 2025 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Aug 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 →