The mutual fund industry witnessed steady momentum in September, with Average AUM rising 1.39% to ₹77.77 lakh crore, reflecting continued investor confidence and diversification trends.
Equity-oriented schemes continued to attract healthy participation, recording net inflows of ₹30,422 crore, though 9% lower than August. Within this segment, Flexi Cap funds stole the spotlight, posting the highest monthly inflows among all equity categories.
On the passive side, inflows surged 66%, underscoring the growing investor preference for low-cost investing amid subdued activity in active equity and debt schemes. Index funds and ETFs together recorded a 67% rise in inflows to ₹19,056 crore, led by Gold ETFs, which saw record inflows.
In contrast, debt mutual funds saw their average AUM decline 2.09% to ₹19.02 lakh crore, with net outflows of ₹1.02 lakh crore — a trend typically observed around quarter-end institutional redemptions.
Meanwhile, retail participation remained robust, with SIP inflows hitting an all-time high of ₹29,361 crore, marking another milestone in India’s growing culture of disciplined investing.
For more details read through our comprehensive Mutual Fund Flow Report for September, 2025.