India mutual fund monitor
July 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 Jul 2026 SIP Jul 2026 NFO Jul 2026 Fund-house assets Apr–Jun 2026 (quarterly) Holdings Jul 2026
AMFI monthly report, Jul 2026. Total net flow covers all schemes; the asset-class figures are open-ended schemes. +1.17 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 +24,697 Cr
- Debt +1.88 lakh Cr
- Hybrid +11,491 Cr
- Index funds & ETFs +12,607 Cr
- Overseas fund of funds -90.39 Cr
- Solution oriented +379 Cr
| Asset class | This month | Previous | 3 months | 12 months |
|---|---|---|---|---|
| Equity | +24,697 | +28,973 | +76,579 | +351,983 |
| Debt | +187,511 | -109,054 | -18,491 | -57,157 |
| Hybrid | +11,491 | +12,893 | +34,944 | +131,212 |
| Index funds & ETFs | +12,607 | +16,622 | +28,828 | +216,185 |
| Overseas fund of funds | -90.39 | +102 | +775 | +7,371 |
| Solution oriented | +379 | +321 | +970 | +3,655 |
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 · Jul 2026
Largest category inflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| LiquidDebt | +119,066 | +20.84% | +47,092 | +115,592 |
| OvernightDebt | +40,413 | +50.57% | +14,308 | +33,685 |
| Money MarketDebt | +21,180 | +6.98% | -14,107 | -30,774 |
| Other ETFs (single category)Passive | +9,512 | +0.98% | +22,130 | +116,677 |
| Ultra Short TermDebt | +8,039 | +6.80% | -5,004 | -17,011 |
| Small CapEquity | +7,768 | +1.81% | +18,315 | +59,350 |
| ArbitrageHybrid | +6,502 | +2.27% | +17,999 | +30,065 |
| Mid CapEquity | +6,192 | +1.22% | +16,668 | +59,357 |
Largest category outflows
| Category | Net flow | % of AUM | 3 months | 12 months |
|---|---|---|---|---|
| Large CapEquity | -1,322 | -0.32% | +2,339 | +21,311 |
| ELSS (Tax Saver)Equity | -959 | -0.40% | -2,244 | -6,695 |
| Corporate BondDebt | -785 | -0.44% | -15,352 | -41,264 |
| Long TermDebt | -618 | -4.93% | -2,235 | -8,588 |
| Dynamic TermDebt | -582 | -1.87% | -2,197 | -8,186 |
| Equity SavingsHybrid | -477 | -0.95% | -897 | +2,699 |
| Banking and PSU DebtDebt | -452 | -0.59% | -2,254 | -12,298 |
| Floating Interest RatesDebt | -395 | -0.75% | -343 | -2,969 |
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 2026 quarter. AMFI publishes fund-house assets as quarterly averages. This is the latest quarter that had ended by Jul 2026; it is not a July observation and nothing is interpolated.
| Fund house | Average AUM | Market share | Δ quarter | Rank |
|---|---|---|---|---|
| SBI Mutual Fund | 12.57 lakh Cr | 15.12% | -0.18 pp | 1 |
| ICICI Prudential Mutual Fund | 11.15 lakh Cr | 13.40% | -0.13 pp | 2 |
| HDFC Mutual Fund | 9.35 lakh Cr | 11.25% | -0.13 pp | 3 |
| Nippon India Mutual Fund | 7.52 lakh Cr | 9.04% | +0.15 pp | 4 |
| Kotak Mahindra Mutual Fund | 5.90 lakh Cr | 7.10% | -0.02 pp | 5 |
| Aditya Birla Sun Life Mutual Fund | 4.28 lakh Cr | 5.14% | -0.20 pp | 6 |
| UTI Mutual Fund | 3.93 lakh Cr | 4.72% | -0.04 pp | 7 |
| Axis Mutual Fund | 3.69 lakh Cr | 4.44% | +0.03 pp | 8 |
| DSP Mutual Fund | 2.30 lakh Cr | 2.76% | -0.00 pp | 9was 10 |
| Tata Mutual Fund | 2.29 lakh Cr | 2.75% | -0.04 pp | 10was 9 |
Biggest share gainers · quarter
- Nippon India Mutual Fund+0.15 pp
- Motilal Oswal Mutual Fund+0.10 pp
- PPFAS Mutual Fund+0.07 pp
- quant Mutual Fund+0.06 pp
- Bandhan Mutual Fund+0.06 pp
Biggest share decliners · quarter
- Aditya Birla Sun Life Mutual Fund-0.20 pp
- SBI Mutual Fund-0.18 pp
- ICICI Prudential Mutual Fund-0.13 pp
- HDFC Mutual Fund-0.13 pp
- Tata Mutual Fund-0.04 pp
Rank changes among the top 30
- DSP Mutual Fund10 → 9
- Tata Mutual Fund9 → 10
- WhiteOak Capital Mutual Fund25 → 24
- Mahindra Manulife Mutual Fund24 → 25
- Union Mutual Fund28 → 27
- PGIM India Mutual Fund27 → 28
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 · Jul 2026
| Published category | Schemes | Mobilised | Schemes launched |
|---|---|---|---|
| Overnight Fund | 1 | 367 Cr | Choice Overnight Fund |
| Equity Funds | 3 | 308 Cr | Motilal Oswal BSE Midcap 150 Momentum 30 Index Fund; Axis Nifty50 Equal Weight Index Fund; HDFC Nifty Auto Index Fund |
| Thematic Fund | 1 | 296 Cr | NJ Momentum Fund |
| Large & Mid Cap Fund | 1 | 281 Cr | TRUSTMF LARGE & MIDCAP FUND |
| Multi Asset Allocation Fund | 2 | 191 Cr | AlphaGrep Multi Asset Allocation Fund; JM Multi Asset Allocation Fund |
| Value Fund | 1 | 191 Cr | NJ Value Fund |
| Balanced Advantage Fund/ Dynamic Asset Allocation | 1 | 165 Cr | ICICI Prudential Balanced Hybrid Fund |
| Equity ETF | 7 | 86.00 Cr | Edelweiss Nifty Metal ETF; Edelweiss BSE LargeMid (60:40) Stable dividend 50 ETF; Bajaj Finserv BSE Top 10 Banks ETF; Edelweiss BSE Top... |
| Debt ETF | 1 | 30.00 Cr | UTI Nifty 1D Rate Liquid ETF - Growth |
| Debt Funds | 1 | 30.00 Cr | SBI Crisil - IBX SDL Index - June 2034 Index Fund |
| Other ETF | 2 | 27.00 Cr | Groww Nifty Cements ETF; Kotak Nifty Private Bank ETF |
| Hybrid ETF | 1 | 13.00 Cr | Mirae Asset Nifty200 Momentum 30 Plus 8-13 yr G-Sec 50:50 ETF |
| Hybrid Fund | 1 | 13.00 Cr | Mirae Asset Nifty200 Momentum 30 Plus 8-13yr G-Sec 75:25 Index Fund |
| Life Cycle Fund with Maturity of 10 Years | 1 | 12.00 Cr | Zerodha Life Cycle Fund 2036 |
| Life Cycle Fund with Maturity of 15 Years | 1 | 12.00 Cr | Zerodha Life Cycle Fund 2041 |
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 · Jul 2026
Most AMCs increasing
↗- 01 Torrent Pharmaceuticals Limited257 comparable portfolios 28
- 02 Canara Bank140 comparable portfolios 24
- 03 ITC Limited306 comparable portfolios 24
- 04 Asian Paints Limited252 comparable portfolios 22
- 05 Indus Towers Limited199 comparable portfolios 22
- 06 State Bank of India476 comparable portfolios 22
- 07 Axis Bank Limited451 comparable portfolios 22
- 08 IDFC First Bank Limited128 comparable portfolios 21
- 09 PB Fintech Limited232 comparable portfolios 21
- 10 Swiggy Limited200 comparable portfolios 21
Most AMCs reducing
↗- 01 ETERNAL LIMITED423 comparable portfolios 22
- 02 Sun Pharmaceutical Industries Limited340 comparable portfolios 20
- 03 Titan Company Limited300 comparable portfolios 19
- 04 Tata Steel Limited313 comparable portfolios 19
- 05 Reliance Industries Limited442 comparable portfolios 19
- 06 ICICI Bank Limited536 comparable portfolios 19
- 07 Shriram Finance Limited329 comparable portfolios 18
- 08 Wipro Limited132 comparable portfolios 17
- 09 Bajaj Finserv Limited224 comparable portfolios 17
- 10 Oil & Natural Gas Corporation Limited244 comparable portfolios 17
Largest comparable holding increases
↗- 01 Vodafone Idea Limited+8.4% · 106 portfolios +24.48 Cr
- 02 Canara Bank+15.9% · 140 portfolios +5.63 Cr
- 03 Union Bank of India+29.4% · 128 portfolios +5.37 Cr
- 04 Swiggy Limited+12.9% · 200 portfolios +4.94 Cr
- 05 Meesho Limited+12.7% · 108 portfolios +4.69 Cr
- 06 Jio Financial Services Limited+18.2% · 141 portfolios +4.22 Cr
- 07 Suzlon Energy Limited+5.5% · 128 portfolios +4.16 Cr
- 08 SAGILITY LIMITED+14.0% · 74 portfolios +3.98 Cr
- 09 Diamond Power Infrastructure Limited+7,200.0% · 39 portfolios +3.48 Cr
- 10 Ujjivan Small Finance Bank Limited+8.1% · 96 portfolios +3.46 Cr
Largest comparable holding decreases
↗- 01 Yes Bank Limited-6.5% · 102 portfolios -7.84 Cr
- 02 ETERNAL LIMITED-3.6% · 423 portfolios -7.32 Cr
- 03 Vedanta Oil and Gas Limited-76.1% · 49 portfolios -6.82 Cr
- 04 Vedanta Power Limited-40.4% · 61 portfolios -5.55 Cr
- 05 Samvardhana Motherson International Limited-3.7% · 227 portfolios -5.14 Cr
- 06 Restaurant Brands Asia Limited-51.2% · 18 portfolios -4.24 Cr
- 07 NMDC Limited-10.1% · 139 portfolios -3.99 Cr
- 08 GAIL (India) Limited-7.3% · 143 portfolios -3.13 Cr
- 09 FSN E-Commerce Ventures Limited-7.4% · 189 portfolios -3.12 Cr
- 10 Vedanta Iron and Steel Limited-68.6% · 40 portfolios -3.02 Cr
Most new positions
↗- 01 INDO-MIM Limited73 comparable portfolios 73
- 02 Torrent Pharmaceuticals Limited257 comparable portfolios 55
- 03 SBI Funds Management Limited53 comparable portfolios 53
- 04 Adani Enterprises Limited213 comparable portfolios 51
- 05 Manipal Health Enterprises Limited34 comparable portfolios 34
- 06 Kusumgar Limited31 comparable portfolios 31
- 07 Diamond Power Infrastructure Limited39 comparable portfolios 29
- 08 Infosys Limited425 comparable portfolios 27
- 09 Coforge Limited247 comparable portfolios 26
- 10 RBL Bank Limited178 comparable portfolios 24
Most complete exits
↗- 01 Vedanta Power Limited61 comparable portfolios 32
- 02 Vedanta Oil and Gas Limited49 comparable portfolios 31
- 03 Vedanta Iron and Steel Limited40 comparable portfolios 26
- 04 Vedanta Limited154 comparable portfolios 24
- 05 Exide Industries Limited108 comparable portfolios 24
- 06 Swiggy Limited200 comparable portfolios 23
- 07 Tata Steel Limited313 comparable portfolios 23
- 08 Lodha Developers Limited97 comparable portfolios 23
- 09 Kotak Mahindra Bank Limited412 comparable portfolios 22
- 10 Dixon Technologies (India) Limited243 comparable portfolios 22
Most widely held stocks
- 01 ICICI Bank Limited584 portfolios 39
- 02 State Bank of India521 portfolios 39
- 03 Reliance Industries Limited481 portfolios 39
- 04 Tata Steel Limited335 portfolios 39
- 05 HDFC Bank Limited547 portfolios 38
- 06 Bharti Airtel Limited511 portfolios 38
- 07 Axis Bank Limited493 portfolios 38
- 08 Larsen & Toubro Limited450 portfolios 38
- 09 Kotak Mahindra Bank Limited441 portfolios 37
- 10 Bajaj Finance Limited370 portfolios 37
Broader ownership
↗- 01 Canara Bank33 AMCs now +6
- 02 Sona BLW Precision Forgings Limited28 AMCs now +5
- 03 Indus Towers Limited36 AMCs now +5
- 04 Ashok Leyland Limited34 AMCs now +5
- 05 Prime Focus Limited13 AMCs now +5
- 06 Biocon Limited31 AMCs now +5
- 07 Grindwell Norton Limited15 AMCs now +5
- 08 Oracle Financial Services Software Limited27 AMCs now +5
- 09 Dalmia Bharat Limited23 AMCs now +4
- 10 KPIT Technologies Limited24 AMCs now +4
Narrower ownership
↗- 01 Kfin Technologies Limited19 AMCs now -5
- 02 Vedanta Limited25 AMCs now -4
- 03 Vedanta Oil and Gas Limited9 AMCs now -4
- 04 National Aluminium Company Limited27 AMCs now -3
- 05 Vedanta Iron and Steel Limited7 AMCs now -3
- 06 Lodha Developers Limited23 AMCs now -3
- 07 Vedanta Power Limited9 AMCs now -3
- 08 Hyundai Motor India Limited25 AMCs now -2
- 09 Varun Beverages Limited31 AMCs now -2
- 10 Oil India Limited25 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 | Jul 2026 | Monthly | Aug 2026 |
| SIP contribution & assets | Jul 2026 | Monthly (from Jun 2024) | Aug 2026 |
| New fund offers | Jul 2026 | Monthly | Aug 2026 |
| Fund-house assets & market share | Apr–Jun 2026 | Quarterly average | Apr–Jun 2026 |
| Equity holdings | Jul 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 →