AMFI April 2026: Equity Inflows at ₹38,440 Cr; Industry AUM Surges 11% to ₹81.92 Lakh Cr

The Association of Mutual Funds in India (AMFI) April 2026 data represents continued strength in the Indian mutual fund industry, with total assets under management (AUM) crossing a historic milestone of Rs 81.92 lakh crore. This marks an increase of around 11 per cent MoM, driven by market gains and a sharp recovery in Debt Fund inflows.

Despite volatility in equity markets, investor participation remained stable, with total folios rising to 27.53 crore in April from 27.39 crore in March, indicating continued retail engagement through systematic investment plans (SIPs).

Active Equity Funds
Equity mutual funds recorded net inflows of Rs 38,440 crore in April, slightly lower by about 5 per cent compared to March. However, inflows remained firmly above the Rs 30,000 crore mark, highlighting sustained retail confidence in equities. Equity AUM also surged to Rs 35.74 lakh crore, supported by market recovery during the month.

Within equity categories, Flexi Cap, Small Cap, and Mid Cap funds continued to attract strong inflows, while Large Cap and thematic funds saw some moderation. This indicates a balanced investor approach, with continued interest in growth segments alongside selective profit booking.

Debt Funds
Debt funds had a very different April compared to March. Net inflows into the segment stood at Rs 2.47 lakh crore in April 2026, against a net outflow of Rs 2.94 lakh crore in March 2026, marking a sharp turnaround. Liquid Funds alone brought in Rs 1.65 lakh crore in April after seeing outflows of Rs 1.34 lakh crore in March, while Overnight Funds swung to inflows of Rs 31,420 crore from outflows of Rs 40,228 crore. Total debt AUM also climbed to Rs 19.14 lakh crore from Rs 16.51 lakh crore, reflecting a strong 15.9 per cent MoM increase.

Hybrid Funds
Hybrid funds also improved, turning net positive with inflows of Rs 20,565 crore in April 2026, compared to an outflow of Rs 16,538 crore in March 2026, led mainly by arbitrage funds which swung to inflows of Rs 12,378 crore. Other categories such as ETFs and Index Funds saw mixed flows, with index funds at Rs 4,626 crore in April versus Rs 8,169 crore in March. Gold ETFs recorded renewed interest, rising to Rs 3,040 crore from Rs 2,266 crore, amid global uncertainty.

New Fund Offerings (NFOs)
NFO activity slowed in April 2026, with total collections falling to Rs 828 crore across 11 schemes, compared to Rs 3,985 crore from 24 launches in March. Active equity NFOs contributed just Rs 30 crore, reflecting weak investor interest in new equity offerings amid market volatility.

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Disclaimer: The article is for informational purposes only and not investment advice.