India mutual fund monitor
April 2026
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 Apr 2026 SIP Apr 2026 NFO Apr 2026 Fund-house assets Jan–Mar 2026 (quarterly) Holdings Apr 2026
AMFI monthly report, Apr 2026. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +4.97 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 +38,440 Cr
- Debt +2.47 lakh Cr
- Hybrid +20,565 Cr
- Index funds & ETFs +18,421 Cr
- Overseas fund of funds +1,661 Cr
- Solution oriented +307 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +38,440 | +40,450 | +104,868 | +360,707 |
| Debt | +247,490 | -294,987 | -5,391 | +50,515 |
| Hybrid | +20,565 | -16,538 | +16,010 | +161,135 |
| Index funds & ETFs | +18,421 | +30,237 | +61,633 | +204,872 |
| Overseas fund of funds | +1,661 | +531 | +3,095 | +6,864 |
| Solution oriented | +307 | +256 | +810 | +3,351 |
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 · Apr 2026
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +165,105 | +35.39% | +89,194 | +42,454 |
| OvernightDebt | +31,420 | +43.03% | -22,814 | +11,968 |
| Money MarketDebt | +20,643 | +6.61% | -2,298 | +48,614 |
| Ultra Short TermDebt | +15,652 | +13.81% | -4,809 | -4,939 |
| ArbitrageHybrid | +12,378 | +4.88% | -8,143 | +50,648 |
| Other ETFs (single category)Passive | +10,755 | +1.20% | +35,044 | +103,955 |
| Flexi CapEquity | +10,148 | +2.01% | +27,127 | +93,819 |
| Ultra Short to Short TermDebt | +7,093 | +5.43% | -15,805 | +6,485 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| GiltDebt | -1,048 | -3.12% | -4,136 | -8,423 |
| Long TermDebt | -727 | -5.14% | -2,403 | -6,749 |
| Dynamic TermDebt | -705 | -2.18% | -2,997 | -5,316 |
| Banking and PSU DebtDebt | -694 | -0.93% | -4,441 | -9,982 |
| ELSS (Tax Saver)Equity | -568 | -0.26% | -1,655 | -6,054 |
| Medium TermDebt | -392 | -1.54% | -1,177 | -1,267 |
| Medium to Long TermDebt | -158 | -1.46% | -837 | -1,358 |
| 10-year Constant Maturity GiltDebt | -149 | -3.30% | -456 | -701 |
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: Jan–Mar 2026 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Apr 2026; it is not a April 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 | 12.48 lakh Cr | 15.31% | -0.11 pp | 1 |
| ICICI Prudential Mutual Fund | 11.04 lakh Cr | 13.54% | +0.25 pp | 2 |
| HDFC Mutual Fund | 9.27 lakh Cr | 11.37% | -0.04 pp | 3 |
| Nippon India Mutual Fund | 7.25 lakh Cr | 8.89% | +0.24 pp | 4 |
| Kotak Mahindra Mutual Fund | 5.81 lakh Cr | 7.12% | +0.05 pp | 5 |
| Aditya Birla Sun Life Mutual Fund | 4.36 lakh Cr | 5.35% | -0.13 pp | 6 |
| UTI Mutual Fund | 3.88 lakh Cr | 4.76% | -0.10 pp | 7 |
| Axis Mutual Fund | 3.60 lakh Cr | 4.41% | -0.04 pp | 8 |
| Tata Mutual Fund | 2.28 lakh Cr | 2.79% | +0.02 pp | 9 |
| DSP Mutual Fund | 2.25 lakh Cr | 2.76% | +0.02 pp | 10was 11 |
Biggest share gainers · quarter
- ICICI Prudential Mutual Fund+0.25 pp
- Nippon India Mutual Fund+0.24 pp
- PPFAS Mutual Fund+0.07 pp
- Zerodha Mutual Fund+0.05 pp
- Kotak Mahindra Mutual Fund+0.05 pp
Biggest share decliners · quarter
- Aditya Birla Sun Life Mutual Fund-0.13 pp
- SBI Mutual Fund-0.11 pp
- quant Mutual Fund-0.10 pp
- UTI Mutual Fund-0.10 pp
- Canara Robeco Mutual Fund-0.07 pp
Rank changes among the top 30
- Jio BlackRock Mutual Fund31 → 29
- DSP Mutual Fund11 → 10
- Mirae Asset Mutual Fund10 → 11
- WhiteOak Capital Mutual Fund26 → 25
- Bajaj Finserv Mutual Fund25 → 26
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
31,115 Cr+16.8% year on year
SIP contribution · 12 months
3.54 lakh CrNeeds 12 published months
SIP assets
16.85 lakh Cr20.6% of industry assets
Contributing SIP accounts
9.65 CrAccounts that paid in this month
Folios
27.53 Cr
+13.77 L on the month · +16.5% 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 · Apr 2026
11new schemes allotted
828 Crmobilised
Part of this month’s gross mobilisation — shown separately, never added to category net flow.
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Index Funds | 9 | 757 Cr | Motilal Oswal BSE Top 10 Banks ETF; SBI CRISIL-IBX Financial Services 3-6 Months Debt Index Fund; SBI CRISIL-IBX Financial Services 9-12... |
| Arbitrage Fund | 1 | 41.00 Cr | Groww Arbitrage Fund |
| Large Cap Fund | 1 | 30.00 Cr | JioBlackRock Large Cap Fund |
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 · Apr 2026
1,235companies held
37AMCs reporting
2,100new positions
1,646complete exits
Most AMCs increasing
↗CompanyAMCs
- 01 ETERNAL LIMITED353 comparable portfolios 23
- 02 Vedanta Aluminium Metal Limited126 comparable portfolios 22
- 03 Vedanta Iron and Steel Limited126 comparable portfolios 22
- 04 Vedanta Power Limited126 comparable portfolios 22
- 05 JSW Steel Limited142 comparable portfolios 22
- 06 State Bank of India425 comparable portfolios 22
- 07 Tata Steel Limited277 comparable portfolios 22
- 08 ICICI Bank Limited461 comparable portfolios 22
- 09 Vedanta Oil and Gas Limited125 comparable portfolios 21
- 10 Varun Beverages Limited193 comparable portfolios 21
Most AMCs reducing
↗CompanyAMCs
- 01 Tata Consultancy Services Limited285 comparable portfolios 16
- 02 HDFC Bank Limited468 comparable portfolios 16
- 03 ICICI Prudential Asset Management Company Limited132 comparable portfolios 15
- 04 HDFC Asset Management Company Limited154 comparable portfolios 15
- 05 Bajaj Finance Limited298 comparable portfolios 15
- 06 Larsen & Toubro Limited368 comparable portfolios 15
- 07 Persistent Systems Limited164 comparable portfolios 14
- 08 HCL Technologies Limited222 comparable portfolios 14
- 09 TATA CONSUMER PRODUCTS LIMITED168 comparable portfolios 13
- 10 Power Grid Corporation of India Limited194 comparable portfolios 13
Largest comparable holding increases
↗CompanyShares
- 01 Vedanta Aluminium Metal Limited— · 126 portfolios +10.73 Cr
- 02 Vedanta Iron and Steel Limited— · 126 portfolios +10.73 Cr
- 03 Vedanta Power Limited— · 126 portfolios +10.73 Cr
- 04 Vedanta Oil and Gas Limited— · 125 portfolios +10.72 Cr
- 05 ETERNAL LIMITED+4.0% · 353 portfolios +6.36 Cr
- 06 ICICI Bank Limited+4.8% · 461 portfolios +6.06 Cr
- 07 Steel Authority of India Limited+23.2% · 82 portfolios +4.06 Cr
- 08 Indraprastha Gas Limited+67.5% · 42 portfolios +3.40 Cr
- 09 State Bank of India+4.3% · 425 portfolios +3.34 Cr
- 10 Kotak Mahindra Bank Limited+2.0% · 370 portfolios +3.19 Cr
Largest comparable holding decreases
↗CompanyShares
- 01 Samvardhana Motherson International Limited-3.8% · 186 portfolios -5.08 Cr
- 02 Jio Financial Services Limited-14.8% · 114 portfolios -3.98 Cr
- 03 Suzlon Energy Limited-10.7% · 82 portfolios -3.98 Cr
- 04 HDFC Bank Limited-1.5% · 468 portfolios -3.55 Cr
- 05 Wipro Limited-12.9% · 117 portfolios -3.49 Cr
- 06 GAIL (India) Limited-6.1% · 126 portfolios -2.98 Cr
- 07 SAGILITY LIMITED-10.4% · 48 portfolios -2.94 Cr
- 08 Vedanta Limited-18.8% · 204 portfolios -2.94 Cr
- 09 Yes Bank Limited-3.1% · 68 portfolios -2.19 Cr
- 10 NTPC Limited-1.6% · 299 portfolios -1.56 Cr
Most new positions
↗CompanyPositions
- 01 Vedanta Aluminium Metal Limited126 comparable portfolios 126
- 02 Vedanta Iron and Steel Limited126 comparable portfolios 126
- 03 Vedanta Power Limited126 comparable portfolios 126
- 04 Vedanta Oil and Gas Limited125 comparable portfolios 125
- 05 360 ONE WAM LIMITED96 comparable portfolios 22
- 06 Bharat Heavy Electricals Limited127 comparable portfolios 17
- 07 Adani Power Limited101 comparable portfolios 17
- 08 ABB India Limited110 comparable portfolios 16
- 09 Sun Pharmaceutical Industries Limited298 comparable portfolios 15
- 10 ICICI Bank Limited461 comparable portfolios 14
Most complete exits
↗CompanyExits
- 01 Vedanta Limited204 comparable portfolios 44
- 02 HDFC Bank Limited468 comparable portfolios 28
- 03 Tata Consultancy Services Limited285 comparable portfolios 23
- 04 Trent Limited220 comparable portfolios 22
- 05 HCL Technologies Limited222 comparable portfolios 22
- 06 Tech Mahindra Limited258 comparable portfolios 18
- 07 Dr. Reddy's Laboratories Limited152 comparable portfolios 17
- 08 HDFC Asset Management Company Limited154 comparable portfolios 16
- 09 ICICI Prudential Asset Management Company Limited132 comparable portfolios 15
- 10 Info Edge (India) Limited147 comparable portfolios 15
Most widely held stocks
CompanyAMCs
- 01 ICICI Bank Limited526 portfolios 36
- 02 HDFC Bank Limited504 portfolios 36
- 03 Larsen & Toubro Limited418 portfolios 36
- 04 Bharat Electronics Limited359 portfolios 36
- 05 NTPC Limited356 portfolios 36
- 06 Tata Steel Limited321 portfolios 36
- 07 State Bank of India487 portfolios 35
- 08 Bharti Airtel Limited475 portfolios 35
- 09 Reliance Industries Limited450 portfolios 35
- 10 Axis Bank Limited450 portfolios 35
Broader ownership
↗CompanyΔ AMCs
- 01 ABB India Limited29 AMCs now +7
- 02 Bikaji Foods International Limited21 AMCs now +6
- 03 Jubilant Ingrevia Limited14 AMCs now +6
- 04 Varun Beverages Limited31 AMCs now +6
- 05 Oil India Limited24 AMCs now +6
- 06 Bank of Maharashtra21 AMCs now +6
- 07 Emami Limited21 AMCs now +6
- 08 Cemindia Projects Limited15 AMCs now +6
- 09 Angel One Limited23 AMCs now +6
- 10 Adani Power Limited24 AMCs now +6
Narrower ownership
↗CompanyΔ AMCs
- 01 Go Fashion (India) Limited4 AMCs now -2
- 02 Dalmia Bharat Limited18 AMCs now -1
- 03 SBI Cards and Payment Services Limited17 AMCs now -1
- 04 Digitide Solutions Limited3 AMCs now -1
- 05 Carraro India Limited6 AMCs now -1
- 06 TATA CONSUMER PRODUCTS LIMITED28 AMCs now -1
- 07 Exide Industries Limited24 AMCs now -1
- 08 DEE Development Engineers Limited2 AMCs now -1
- 09 GUJARAT ENERGY LIMITED9 AMCs now -1
- 10 Trent Limited28 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 | Apr 2026 | Monthly | Aug 2026 |
| SIP contribution & assets | Apr 2026 | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Apr 2026 | Monthly | Aug 2026 |
| Fund-house assets & market share | Jan–Mar 2026 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Apr 2026 | 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 →