Month: October 2025

September Snapshot: FPIs Extend Equity Selloff, While DIIs and MFs Lead with Robust Inflows Across Equities

September’s Sectoral Moves: FPIs Dump IT & Healthcare

• IT & Healthcare Lead the Sell-Off: Foreign Portfolio Investors (FPIs) continued their sectoral reshuffling in September, aggressively trimming positions in Information Technology (₹6,050 Cr) and Healthcare (₹6,122 Cr) — the two worst-hit sectors of the month. Selling in IT was broad-based, with ₹2,014 Cr offloaded in the first half and ₹4,036 Cr in the second, as global tech valuations remained under pressure. Healthcare mirrored this trend, witnessing ₹1,601 Cr of sales early in the month and ₹4,521 Cr later after Trump’s pharma tariff.
• Consumer and Realty Stocks See Continued Outflows: FPIs also pared exposure in FMCG (₹4,202 Cr), Consumer Durables (₹3,627 Cr) and Consumer Services (₹3,360 Cr) amid concerns over stretched valuations and moderating consumption trends. Sectors like Power (₹2,693 Cr), Telecommunication (₹2,422 Cr) and Realty (₹2,259 Cr) too witnessed steady selling.

Selective Buying in Domestic Plays: FPIs Rotate into Automobiles and Capital Goods

• Automobiles and Capital Goods Emerge as Bright Spots: Amid the widespread selloff, FPIs selectively turned buyers in domestic-oriented sectors. The Automobile sector led with net inflows of ₹3,641 Cr, supported by sustained demand momentum and robust festival season outlook. Capital Goods followed closely with ₹3,010 Cr of net buying, driven by renewed optimism in infrastructure spending and corporate capex recovery.
• Metals, Financials & Construction Attract Interest: FPIs also added to positions in Metals & Mining (₹1,840 Cr), Financial Services (₹992 Cr) and Construction (₹856 Cr), signaling selective re-entry into cyclical and growth-linked sectors. Even Media & Entertainment (₹77 Cr) turned positive during the month.

For a comprehensive understanding and more insights, please go through our detailed report.

Mutual Fund Industry Average AUM Scales Fresh Peak at ₹77.15 Lakh Cr in Q2FY26

Record High AUM on Robust Inflows & SIP Momentum: The mutual fund industry’s average assets under management (AUM) touched a historic peak of ₹77.15 lakh crore in the July–September 2025 quarter, marking a 6.94% quarter-on-quarter surge. This stellar growth was powered by consistent retail participation, steady SIP inflows, and broad-based investor confidence. Notably, during the first half of FY 2026, the industry clocked an impressive 14.42% rise in average AUM, reaffirming the sector’s expanding footprint in India’s investment landscape.

SBI Mutual Fund Scales New Peak at ₹11.99 Lakh Cr AAUM : SBI Mutual Fund achieved a record average AUM of ₹11.99 lakh crore in the July–September 2025 quarter, setting a new industry benchmark. This milestone marks the 23rd consecutive quarter of its dominance as India’s largest fund house, reflecting unwavering investor trust, robust distribution strength, and sustained market leadership across categories.

Fund Houses Ride the Wave of Inflows & SIP Strength:  Buoyed by robust investor inflows and steady SIP contributions, the mutual fund industry’s leaders delivered impressive AUM growth in the July–September 2025 quarter. ICICI Prudential Mutual Fund topped the charts with the highest absolute increase of ₹70,511 crore in average AUM, with SBI, HDFC and Nippon India Mutual Fund following behind.

Industry Leadership Remains Stable, Tata MF Rejoins Top 10: The mutual fund industry continues to showcase remarkable structural stability, with the top 3 and top 8 fund houses maintaining their rankings for an uninterrupted 17th consecutive quarter. In a key development this quarter, Tata Mutual Fund made a strong comeback into the top 10 league, surpassing Mirae and DSP Mutual Fund. Meanwhile, Mirae Asset Mutual Fund slipped out of the top ten in terms of average AUM, marking a noteworthy reshuffle in the industry leaderboard.

Rising Contenders Gain Ground; Jio BlackRock Makes a Strong Debut: Tata, PPFAS, Motilal Oswal, Bajaj Finserv, and WhiteOak Capital Mutual Fund have climbed the ranks, marking strong progress over previous quarters. A major highlight this quarter was the debut of Jio BlackRock Mutual Fund, which entered the industry with an impressive average AUM of ₹12,890 crore, securing a spot near the top 30 fund houses.

For a comprehensive understanding and more insights, please go through our detailed report.