Mutual Funds assets fall by over 10% sequentially to Rs 73.73 lakh crore in March: AMFI

The net assets under the management (AUM) of the Indian mutual fund industry at the end of February 2026 stood at Rs 73.73 lakh crore, according to data from the Association of Mutual Funds of India (AMFI). This is lower by 10.11% as compared with the figure of Rs 82.02 lakh crore recorded in February 2026.

The AUM of open-ended plans dropped to Rs 73.48 lakh crore in March 2026 from Rs 81.77 lakh crore in February 2026. The equity plans in this category recorded net inflows of Rs 40,450.26 crore.

Within equity, Flexi Cap Fund drew the most significant inflows in February, attracting Rs 10,054.12 crore. Small Cap Funds followed suit with inflows of Rs 6,263.56 crore, while ELSS saw net outflows of Rs 437.34 crore.

Debt funds witnessed net outflows in March totaling Rs 2,94,987.18 crore. This category had recorded net inflows of Rs 42,106.31 crore in February. Liquid Funds recorded maximum outflow of Rs 1,34,987.64 crore, followed by Money Market Funds (with outflows of Rs 29,206.98 crore) and Low Duration Funds (with outflows of Rs 25,227.46 crore).

Hybrid schemes, offering a mix of equity and debt exposure, recorded net outflows of Rs 16,538.47 crore in March 2026. This was largely driven by Arbitrage Funds, which recorded outflows of Rs 21,113.70 crore.

The systematic investment plan (SIP) contributions reportedly stood at Rs 32,087 29,845 crore in March 2026, compared with Rs 29,845 crore in February.