India’s mutual fund sector is roaring into FY26, with AUM expanding 12.2% annually to breach ₹73.73 lakh crore, bolstered by an ₹8 lakh crore addition to its asset pool. AMFI’s latest figures paint a picture of resilience in uncertain times.
Equity funds defied global instability, attracting a record ₹40,450.26 crore since July 2025, a leap from February’s ₹25,977.81 crore. SIP contributions climbed to ₹32,087 crore in March from ₹29,845 crore, signaling unwavering retail commitment to rupee-cost averaging.
Experts point to strategic shifts: Investors reallocated portfolios at year-end and capitalized on undervalued stocks post-West Asia flare-ups.
Contrasting the equity rally, March saw ₹2.39 lakh crore net outflows, flipping February’s gains. Debt schemes exited with ₹2.94 lakh crore, while gold ETFs inflows halved to ₹2,266 crore.
Breaking down equities, flexi-cap dominated at ₹10,054.12 crore (vs. ₹6,924.65 crore prior). Small-caps drew ₹6,263.56 crore and mid-caps ₹6,063.53 crore, surges from February’s lower bases. Large-caps managed ₹2,997.84 crore.
As FY26 unfolds, this data reflects a polarized yet growing market. Equity’s pull amid debt redemptions shows savvy investors prioritizing growth over safety, poised for further expansion.
