Personal Finance News
4 min read | Updated on October 10, 2025, 14:41 IST
SUMMARY
Net inflows into gold ETFs jumped as much as 281.9% to ₹8,363.13 crore in September from 2,189.51 crore in August, despite soaring gold prices.
Net assets under management (AUM) of the mutual fund industry grew marginally to ₹75.61 lakh crore in September.
Net inflows into equity mutual funds (MFs) fell for the second consecutive month to ₹30,421.69 crore in September from ₹33,430.37 crore in August, according to data from the Association of Mutual Funds in India (AMFI) released on Friday, October 10.
After net inflows grew significantly by 81% in July, a drop of 21.7% was seen in August, followed by a decline of 8.9% in September.
Month | Net Inflows (₹ crore) | % Change from Previous Month |
---|---|---|
Sep 2025 | 30,421.69 | -8.90% |
Aug 2025 | 33,430.37 | -21.70% |
Jul 2025 | 42,702.35 | +81.04% |
Jun 2025 | 23,587.05 | +24.00% |
May 2025 | 19,013.12 | -21.63% |
Apr 2025 | 24,269.26 | -3.24% |
Mar 2025 | 25,082.01 | -14.41% |
Feb 2025 | 29,303.34 | -26.19% |
Jan 2025 | 39,687.78 | -3.56% |
Dec 2024 | 41,155.91 | +14.51% |
Nov 2024 | 35,943.49 | +113.11% |
Oct 2024 | 16,863.30 | -50.99% |
While the net inflows into equity mutual funds declined in September, this marks the 55th consecutive month of net inflows into the equity segment.
From equity fund categories, flexi-cap funds witnessed the highest contribution at ₹7,029 crore, followed by mid-cap funds at ₹5,085 crore and small-cap funds at ₹4,363 crore. Inflows into large-cap funds, which increased by 33% in August to ₹2,834.88 crore, decreased by 18.19% to ₹2,319.04 crore in September.
Equity Linked Saving Schemes (ELSS) recorded a net outflow of ₹307.92 crore in September after seeing an inflow of ₹59.15 crore in August. Inflows into sectoral/thematic funds declined significantly to ₹1,220.89 crore in September after recording a net inflow of ₹3,893.16 crore in August and ₹9,426.03 crore in July.
Hybrid scheme net inflows also saw a major decline, falling to ₹9,397.22 crore in September from ₹15,293.70 crore in August and ₹20,879.47 crore in July.
The debt category witnessed a massive withdrawal of ₹1.02 lakh crore during the month under review against an outflow of just ₹7,980 crore in August. This is significant when compared to a net inflow of ₹1.06 lakh crore recorded in July.
Notably, inflows into gold ETFs jumped as much as 281.9% to ₹8,363.13 crore in September from ₹2,189.51 crore in August, despite soaring gold prices. Inflows into other ETFs also increased to ₹8,150.79 crore in September from ₹7,244.11 crore in the previous month.
Overall, the mutual fund industry experienced an outflow of ₹43,146 crore in September after seeing a net inflow of ₹52,443 crore in August.
Net assets under management (AUM) of the mutual fund industry grew marginally to ₹75.61 lakh crore in September from ₹75.18 lakh crore in August.
In September, investors displayed caution toward equities, while gold and other ETFs saw increased interest amid market volatility. There is also a noticeable shift toward portfolio diversification, aiming to balance growth with stability.
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