Small‑cap funds lead September net inflows with Rs 9,038.57 billion

September’s mutual fund flow data reveal that small‑cap funds attracted the highest net investment, accumulating Rs 9,038.57 billion. Total contributions to the category amounted to Rs 13,025.13 billion, offset by withdrawals of Rs 3,986.56 billion, leaving a robust net inflow.

The segment also recorded approximately 3.03 million investor portfolios during the month. Mid‑cap funds followed with Rs 7,834.84 billion, while flexi‑cap schemes logged Rs 6,701.80 billion in net additions. Large‑mid‑cap and multi‑cap categories added Rs 4,271.22 billion and Rs 3,859.55 billion respectively.

Thematic and sectoral funds each posted net inflows near Rs 1,800 billion, and focused, value, and large‑cap funds added between Rs 860 billion and Rs 1,390 billion. In contrast, contrarian and ELSS tax‑saver funds experienced modest exits.

The broader market still faced a net redemption pressure of Rs 133,375.57 billion, primarily from debt funds, yet equity‑linked investments and ETFs continued to draw investor interest.