# DecryptMutualFunds

> A month-on-month mutual-fund flow terminal over AMFI's Monthly Composite Report (MCR). Strictly math, no opinion — every figure is a reconciled, deterministic transform of official AMFI data for Indian mutual-fund categories (monthly, Apr 2019–present), plus a quarterly AAUM dataset and a coarse legacy 2018 view. Units are INR crore. Author: Dipak Raghuwansi (https://www.linkedin.com/in/dipakraghuwansi/).

DecryptMutualFunds converts AMFI's monthly disclosures into derived metrics a single snapshot cannot express: net flows, redemption pressure, AUM decomposition (flow vs. market move), folio breadth, active/passive mix, the NFO pipeline, and credit-stress signals — for every SEBI scheme category. Reconciliation is a hard gate (category leaves must sum to the published Grand Total for schemes, folios and AUM), so all numbers tie out to source. The site is a fully static export; there is no login and no user data.

## Views

- [Overview](https://decryptmutualfunds.com/): industry KPIs (total AUM, net flow, redemption ratio, folios, NFOs), AUM & net-flow trends, and an "At a Glance" panel of the month's category superlatives.
- [Categories](https://decryptmutualfunds.com/categories): a net-AUM sparkline and a full monthly inflow/outflow/net table (₹ crore) for all 49 categories.
- [Flows](https://decryptmutualfunds.com/flows): net flow by broad class, gross sales vs. redemptions, redemption-ratio trends, 3-month momentum, a share-of-flow heatmap, plus flow breadth (HHI) and turnover/churn.
- [Decomposition](https://decryptmutualfunds.com/decomposition): splits AUM change into net flow vs. implied market move (residual method), including a since-inception cumulative decomposition.
- [Participation](https://decryptmutualfunds.com/participation): folio trends, net new folios, ticket size by class, and folio-vs-flow momentum.
- [Passive](https://decryptmutualfunds.com/passive): passive share of AUM, active vs. passive net flow, and the passive sub-mix (Index / Gold ETF / Other ETF / FoF overseas).
- [NFO](https://decryptmutualfunds.com/nfo): new-fund-offer counts and funds raised by class, share of total mobilization, and ticket per NFO.
- [Stress](https://decryptmutualfunds.com/stress): side-pocket (segregated-portfolio) signals, Credit Risk / Medium-Duration flows, a debt risk-appetite index, and FY-end (March) redemption seasonality.
- [Quarterly](https://decryptmutualfunds.com/quarterly): quarterly AAUM flows by asset class — a separate AMFI dataset spanning ~28 fiscal quarters.
- [Legacy](https://decryptmutualfunds.com/legacy): coarse 2018 product-bucket flows from the pre-recategorisation AMFI format (different grain; shown separately).

## Reference

- [Methodology](https://decryptmutualfunds.com/methodology): exact definitions for every metric and the reconciliation guarantee.

## Notes for AI agents

- Source data: AMFI's Monthly Composite Report (MCR) and quarterly Average AUM disclosures; covers Apr 2019 onward at the 49-category SEBI grain, with a coarse 2018 legacy view.
- Not available (and out of scope): AMC-wise market share, scheme-level holdings, SIP data, and NAV/returns. The site's "implied return" is a mark-to-market residual (ΔAUM − net flow), not a yield — for Debt it should be read as an MTM artifact, not a return.
- Lag-based metrics are null (not zero) for the earliest period; all monetary values are INR crore unless a label says otherwise (ticket size is ₹ lakh).