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Net inflow in the equity segment dropped to Rs 25,082 crore in March 2025 from Rs 29,303 crore in February, according to AMFI data.
Equity net inflow falls in March 2025
AMFI Data March 2025: Net inflow in equity segment dropped slightly to Rs 25,082 crore in March 2025 as compared to Rs 29,303 crore in February, according to Association of Mutual Fund in India (AMFI) Data.
However, the total asset under management for equity-oriented schemes grew to Rs 29.45 lakh crore in March against Rs 27.40 lakh in February. There’s a sharp decline in sectoral/thematic inflows to just Rs 170 in March as compared to Rs 5,712 crore in February, reflecting a drop of 97 per cent Month on Month.
The major reason in the equity inflow fall lies in the market volatility due to macro level uncertainty and escalation of tariff war between US and China fueled by Trump’s 145% tariff on the latter.
Monthly Mutual Fund SIP contribution at 4 month low impacted by Global Tariff War and Global Uncertainties. The cumulative SIP inflows of FY25 has exceeded the previous FY24 figure by more than 32% despite market correction, highlighting retail investors confidence in India’s growth story, highlighted Bajaj Broking.
Scenario In Debt-Oriented Schemes
There’s a large outflow in debt-oriented schemes of Rs 2,02,663 crore in March as compared to Rs 6,526 crore in February.
AMFI data indicated that there’s a massive redemptions in liquid and overnight funds – likely due to end of fiscal adjustments.
Reversal In Gold ETFs
Investors are now shying off from gold ETFs too amid the market turmoil with a Rs 77 crore outflow in March, against the inflow of Rs 1,980 crore in February.
However, inflow momentum in other schemes like index funds continued to Rs 14,149 crore in March, as compared to Rs 10,249 crore in February.
| Overall Mutual Fund Industry Comparison (Feb vs. Mar 2025) | |||
| Metric | Feb-25 | Mar-25 | Change |
| Total Schemes | 1,739 | 1,760 | +21 schemes |
| Total Folios | 23.23 crore | 23.45 crore | +22 lakh |
| Total Net AUM | ₹64.53 lakh crore | ₹65.74 lakh crore | +₹1.21 lakh crore |
| Net Inflow/Outflow | +₹40,063 crore | -₹1,64,435 crore | Sharp reversal to net outflow |
| New Schemes Launched | Not listed in Feb | 30 | – |
Nehal Meshram, Senior Analyst – Manager Research, Morningstar Investment Research India noted in March 2025, net inflows into Indian equity mutual funds declined to an 11-month low of approximately INR 25,082 crores, marking the third consecutive monthly drop. This slowdown was largely driven by a sharp reduction in investments into sectoral and thematic funds, which had previously seen strong traction.
Notably, only four New Fund Offers (NFOs – (Samco Large Cap Fund, Helios Mid Cap Fund, Mahindra Manulife Value Fund and Motilal Oswal Active Momentum Fund)) were launched and concluded during the month, significantly lower than the preceding months, further contributing to the dip in overall inflows, Meshram noted.
