Quarterly
AMFI quarterly AAUM disclosure across 28 fiscal quarters (2019-Q2 – 2026-Q1). A separate, clean fiscal-quarter dataset that complements the monthly views.
Latest Quarter
2026-Q1
Most recent disclosure
Total AUM
₹73.73 L Cr
Sum of category net AUM
Net Flow
+₹11.1k Cr
Quarterly sum, all classes
Quarterly Net Inflow by Asset Class
How did net flow split across broad classes each fiscal quarter?
2024-Q28 of 28 periods · drag handles for more range2026-Q1
Quarterly Total AUM Trend
How has total industry AUM tracked across the quarterly windows?
2024-Q28 of 28 periods · drag handles for more range2026-Q1
Last 8 Quarters
The reconciled fiscal-quarter rollups, most recent first.
| Quarter | Total AUM | Net Flow | Largest-Inflow Class |
|---|---|---|---|
| 2026-Q1 | ₹73.73 L Cr | +₹11.1k Cr | Equity (+₹90.3k Cr) |
| 2025-Q4 | ₹80.23 L Cr | +₹1.82 L Cr | Equity (+₹82.6k Cr) |
| 2025-Q3 | ₹75.61 L Cr | +₹1.88 L Cr | Equity (+₹1.06 L Cr) |
| 2025-Q2 | ₹74.41 L Cr | +₹3.55 L Cr | Debt (+₹2.00 L Cr) |
| 2025-Q1 | ₹65.74 L Cr | +₹63.2k Cr | Equity (+₹93.9k Cr) |
| 2024-Q4 | ₹66.93 L Cr | +₹2.20 L Cr | Equity (+₹1.19 L Cr) |
| 2024-Q3 | ₹67.09 L Cr | +₹2.26 L Cr | Equity (+₹1.10 L Cr) |
| 2024-Q2 | ₹61.16 L Cr | +₹3.06 L Cr | Debt (+₹1.23 L Cr) |
About this dataset
What exactly do the quarterly numbers measure?
This view is built from AMFI's quarterly AAUM disclosure (the aqu files) at scheme-category grain — a dataset distinct from the monthly MCR series.
- Flows are quarterly sums — gross sales − redemptions accumulated over the three months of each fiscal quarter (Apr–Jun, Jul–Sep, Oct–Dec, Jan–Mar).
- Average AUM is the quarter's last month only — the disclosed AAUM reflects the final month of the window, not a three-month average of AUM.
- It complements the monthly views with clean fiscal-quarter windows over a multi-year span (28 quarters: 2019-Q2 – 2026-Q1).
Units: ₹ crore. Broad-class buckets are Equity, Debt, Hybrid, Solution, and Passive/Other.
Who Owns the Funds — Investors & Holding Period
AMFI's quarterly age-wise / investor-classification disclosure (Sep-2009 – Mar-2026). Who holds mutual-fund AUM — Banks/FIs, Corporates, FIIs, HNIs, Retail — and for how long. A separate dataset from the AAUM flows above.
Latest (folio)
Mar-2026
Investor & age-wise snapshot
Individuals' AUM
62.3%
Retail + HNI share of AUM
Retail folios
90.5%
of all investor folios
Equity held >24mo
56.6%
long-term equity money
Investor Mix (latest quarter)
Who holds the money vs who holds the accounts? AUM concentrates in corporates & HNIs; folios are overwhelmingly retail.
| Investor Class | AUM | AUM % | Folios | Folio % | Avg Ticket |
|---|---|---|---|---|---|
| Banks/FIs | ₹73.8k Cr | 1.0% | 3,357 | <0.1% | ₹21.98 Cr |
| Corporates | ₹27.01 L Cr | 36.6% | 15,87,639 | 0.6% | ₹1.70 Cr |
| FIIs | ₹3.1k Cr | <0.1% | 300 | <0.1% | ₹10.43 Cr |
| HNI (₹2L+) | ₹25.96 L Cr | 35.2% | 2,43,61,085 | 8.9% | ₹10.66 L |
| Retail | ₹20.00 L Cr | 27.1% | 24,79,81,878 | 90.5% | ₹0.81 L |
FIIs round to ~0% by design, not missing data: foreign investors access Indian markets directly via the FPI route, not through domestic mutual funds — their MF holding has fallen from ~1.4% of AUM (2015) to ~0.04% today.
AUM Share by Investor Over Time
How has the ownership mix shifted across quarters? (100% stacked)
Jun-202216 of 57 periods · drag handles for more rangeMar-2026
The Retailisation Trend
Have individual investors (retail + HNI) grown their share of industry AUM over the long run?
Sep-200957 of 57 periods · drag handles for more rangeMar-2026
Who Owns Each Category (Mar-2026)
Each category's AUM split by investor type — debt/liquid skews corporate, equity skews retail. Top 16 by AUM.
| Category | Banks/FIs | Corporates | FIIs | HNI | Retail |
|---|---|---|---|---|---|
| Other ETFs | <1% | 83% | <1% | 13% | 4% |
| Flexi Cap Fund | <1% | 11% | <1% | 44% | 45% |
| Sectoral/Thematic Funds | <1% | 9% | <1% | 48% | 42% |
| Liquid Fund | 4% | 79% | <1% | 15% | 2% |
| Mid Cap Fund | <1% | 6% | <1% | 36% | 57% |
| Large Cap Fund | <1% | 12% | <1% | 41% | 47% |
| Small Cap Fund | <1% | 5% | <1% | 32% | 63% |
| Money Market Fund | 6% | 85% | 0% | 8% | 1% |
| Index Funds | <1% | 38% | <1% | 38% | 24% |
| Large & Mid Cap Fund | <1% | 11% | <1% | 42% | 46% |
| Dynamic Asset Allocation/Balanced Advantage Fund | <1% | 12% | <1% | 70% | 18% |
| Arbitrage Fund | <1% | 50% | <1% | 48% | 2% |
| Balanced Hybrid Fund/Aggressive Hybrid Fund | <1% | 7% | <1% | 66% | 27% |
| ELSS · Open Ended | <1% | 2% | 0% | 15% | 83% |
| Multi Cap Fund | <1% | 9% | <1% | 48% | 42% |
| Value Fund/Contra Fund | <1% | 12% | <1% | 39% | 48% |
Holding Period — Age-wise AUM (Mar-2026)
How long is money held? Equity skews long (>24mo = conviction); non-equity skews short (0-3mo = parking).
| Holding Period | Equity AUM | Equity % | Non-Equity AUM | Non-Equity % |
|---|---|---|---|---|
| 0-1 mo | ₹1.26 L Cr | 3.3% | ₹4.72 L Cr | 13.3% |
| 1-3 mo | ₹1.71 L Cr | 4.5% | ₹3.42 L Cr | 9.6% |
| 3-6 mo | ₹2.15 L Cr | 5.6% | ₹2.94 L Cr | 8.3% |
| 6-12 mo | ₹4.01 L Cr | 10.5% | ₹4.43 L Cr | 12.5% |
| 12-24 mo | ₹7.47 L Cr | 19.5% | ₹4.72 L Cr | 13.3% |
| >24 mo | ₹21.62 L Cr | 56.6% | ₹15.29 L Cr | 43.0% |
Stickiness Over Time
What share of AUM is held longer than 24 months? Higher = stickier, more conviction-driven money.
Sep-200957 of 57 periods · drag handles for more rangeMar-2026
About the folio dataset
What exactly does this measure, and what changed across eras?
Built from AMFI's AUM Category / Age-wise Folio quarterly disclosure (quarter-end snapshots). Two tables per quarter: investor classification (AUM + folios by Banks/FIs, Corporates, FIIs, HNI and Retail) and age-wise holding period (AUM by 0-1mo … >24mo).
- HNI = individuals investing ₹2 lakh and above (AMFI's definition from the quarter ending June 2019).
- Per-category detail is from Sep-2024 onward; earlier quarters expose only coarse combined buckets, so the category matrix shows the latest granular quarter. Aggregate trends use the full history back to Sep-2009.
- Average ticket = AUM ÷ folios (₹ lakh, rolled to ₹ Cr when large) — the gulf between a retail account and a corporate one.
Units: ₹ crore unless noted. Quarter-end snapshots; 57 quarters.