India Mutual Funds Record Rs 1.74 Lakh Crore October Inflows
India's mutual fund industry recorded net inflows of Rs 1.74 lakh crore in October 2026, reversing a significant net outflow from September.
The Association of Mutual Funds in India reported that the country's mutual fund industry recorded net inflows of Rs 1.74 lakh crore in October 2026. This figure marks a sharp reversal from September, which saw net outflows of Rs 1.33 lakh crore.
Debt mutual funds drove the turnaround, attracting Rs 1.13 lakh crore, with liquid and overnight funds contributing approximately Rs 1.25 lakh crore. Conversely, equity mutual fund inflows fell nearly 14% month-on-month to Rs 32,994 crore. Equity assets under management also decreased to Rs 37.15 lakh crore.
Venkat Chalasani, Chief Executive of the Association of Mutual Funds in India, attributed the decline in equity assets to negative mark-to-market movements. While large- and mid-cap funds saw increased inflows, small-cap and mid-cap funds experienced declines. Hybrid and index funds returned to positive territory, and exchange-traded funds saw a 31% increase in inflows, though gold ETF collections moderated. Overseas mutual funds continued to experience widening net outflows.
