Sign In
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
New Delhi: India's Mutual Fund industry has recorded a slowdown in equity inflows in September 2025. According to the data released by the Association of Mutual Funds in India (AMFI), net equity inflows went down Rs 30,421 million in September, which is less than Rs 33,430 crore in August.
However, the total Asset Under Management (AUM) of the industry increased to Rs 75.61 lakh crore, as compared to Rs 75.18 lakh crore in August. This is a sign that long-term interest of investors remains, even though the pace of investment has slowed down a bit.
Samco Mutual Fund CEO Viraj Gandhi said that the equity inflows of the mutual funds sector in September 2025 were below the average of the last 12 months.
“The average equity inflow in September 2025 was 30,421 crore, which is less than the average of Rs 32,377 crore in the last 12 months (September 2024 to September 2025). This decline reflects investors' vigilance, especially when the market continues to fluctuate. Decrease in thematic and sectoral funds has played a major role in this decline,” he said.
The expert further said that in the last one year and three years, thematic funds contributed the most to the total AUM of the mutual fund sector, which is about 27 percent. But this time the lack of new fund offers (NFOs) in this category and the nature of profit recovery of investors have stopped this flow. In September 2025, the inflow in this category was only 1,221 million rupees, which is much lower than the average of 6,345 million rupees in the last 12 months.
AMFI figures show that the inflow into large cap funds was Rs 2,319 crore, which was Rs 2,835 crore in the month of August. At the same time, mid-cap funds had Rs 5,085 crore, which was Rs 5,331 crore in the month of August.
Apart from this, the investment in the Small Cap Funds category was Rs 4,363 crore, which was Rs 4,993 crore last month (August). According to Viraj Gandhi, the market share of large cap funds has declined to 11.7 percent in the last three years, which is below the post-COVID high of 17 percent. At the same time, mid-cap, smallcap, multicap and thematic funds took advantage of this fall and became the priority of investors.
The inflow into hybrid funds stood at Rs 9,397 crore, which is less than Rs 15,294 crore in August. At the same time, only Rs 1,959 crore was raised through NFOs, compared to Rs 2,904 crore in August. Talking about debt funds, investors have made huge redemptions in this category. Rs 66,042 crore were withdrawn from liquid funds. Last month i.e. in August, this figure was at Rs 13,350 crore. There was an outflow of Rs 1,444 crore from corporate bond funds.
In the midst of the volatile market, investors have turned to comparatively safe investment elements. Inflows in Exchange-Traded Funds (ETFs) increased to Rs 8,151 crore from Rs 7,244 crore in August, while gold ETFs performed brilliantly, registering an inflow of Rs 8,363 crore, which is almost four times higher than the previous month's Rs 2,190 crore.
(Disclaimer: (This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.))
