The Association of Mutual Funds in India (AMFI) released its monthly data for June 2026, showing a recovery in equity mutual fund inflows even as debt funds witnessed another month of heavy outflows.
Equity schemes attracted net inflows of ₹28,973 crore during the month, while debt-oriented schemes recorded net outflows of ₹1.09 lakh crore. Meanwhile, assets under management (AUM) increased across most equity and hybrid categories, reflecting continued investor participation.
Equity-oriented mutual funds witnessed net inflows of ₹28,973.41 crore in June 2026, up 26.5% from ₹22,907.77 crore in May.
The recovery was accompanied by a rise in assets under management (AUM):
Net AUM: Increased to ₹37.34 lakh crore in June from ₹36.14 lakh crore in May.
Average AUM: Rose to ₹36.69 lakh crore from ₹36.13 lakh crore.
Among equity categories:
Flexi Cap Funds led inflows with ₹5,231.31 crore, marginally higher than ₹5,175.54 crore in May.
Mid Cap Funds received ₹6,090.17 crore, up from ₹4,385.06 crore.
Small Cap Funds attracted ₹5,601.96 crore, compared with ₹4,945.57 crore a month earlier.
Large & Mid Cap Funds saw inflows rise to ₹4,321.32 crore from ₹3,278.22 crore.
Multi Cap Funds recorded inflows of ₹3,070.26 crore, up from ₹2,291.01 crore.
Sectoral/Thematic Funds witnessed inflows of ₹1,469.26 crore, more than double May's ₹647.87 crore.
Large Cap Funds received ₹2,067.48 crore, higher than ₹1,592.93 crore in May.
Focused Funds recorded ₹1,118.18 crore in inflows, compared with ₹830.25 crore.
Value/Contra Funds attracted ₹686.79 crore, up from ₹509.57 crore.
However, two categories continued to witness net outflows:
ELSS Funds: Outflow narrowed slightly to ₹633.88 crore from ₹650.78 crore.
Dividend Yield Funds: Outflow reduced to ₹49.44 crore from ₹97.46 crore.
Debt-oriented mutual funds continued to see investor withdrawals during June.
Net Outflow: Increased to ₹1,09,053.65 crore, compared with ₹96,948.51 crore in May.
Net AUM: Declined to ₹17.38 lakh crore from ₹18.25 lakh crore.
Average AUM: Remained largely stable at ₹19.27 lakh crore, compared with ₹19.28 lakh crore in May.
Within debt schemes:
Liquid Funds reported the largest outflow at ₹42,293.29 crore, compared with ₹29,680.94 crore in May.
Low Duration Funds saw outflows increase to ₹16,484.01 crore from ₹9,400.49 crore.
Ultra Short Duration Funds recorded outflows of ₹11,426.26 crore, sharply higher than ₹1,617.01 crore in May.
Overnight Funds witnessed outflows of ₹10,579.58 crore, improving from ₹15,524.77 crore.
Money Market Funds saw outflows narrow to ₹10,595.39 crore from ₹24,691.74 crore.
Hybrid schemes continued attracting investor money for another month.
Net Inflow: Increased to ₹12,892.76 crore in June from ₹10,560.24 crore in May.
Net AUM: Rose to ₹11.44 lakh crore from ₹11.16 lakh crore.
Average AUM: Increased to ₹12.17 lakh crore, compared with ₹11.98 lakh crore.
Among hybrid categories:
Arbitrage Funds led inflows with ₹5,799 crore, marginally higher than ₹5,698 crore.
Multi Asset Allocation Funds recorded ₹4,810.76 crore, up from ₹3,928.51 crore.
Balanced Hybrid/Aggressive Hybrid Funds attracted ₹2,121.28 crore, compared with ₹655.24 crore in May.
Dynamic Asset Allocation/Balanced Advantage Funds received ₹553.40 crore, higher than ₹181.33 crore.
Conservative Hybrid Funds recorded inflows of ₹102.96 crore, compared with ₹22.22 crore.
Equity Savings Funds slipped into net outflows of ₹494.64 crore, against net inflows of ₹75.03 crore in May.
Gold ETFs reversed the previous month's trend.
Net Inflow: Rose to ₹3,443.23 crore in June after recording a ₹725.04 crore outflow in May.
Net AUM: Declined to ₹1.70 lakh crore from ₹1.85 lakh crore, reflecting changes in gold prices despite fresh investor inflows.
Average AUM: Decreased to ₹1.76 lakh crore from ₹1.84 lakh crore.
Other exchange-traded funds (ETFs) also staged a strong recovery.
Net Inflow: Increased to ₹13,237.76 crore in June from a ₹620.22 crore outflow in May.
Net AUM: Improved to ₹9.75 lakh crore from ₹9.60 lakh crore.
Average AUM: Increased to ₹9.67 lakh crore from ₹9.64 lakh crore.
Index funds moved into marginal net outflows during June.
Net Outflow: ₹58.54 crore, compared with ₹943.26 crore inflows in May.
Net AUM: Increased slightly to ₹3.37 lakh crore from ₹3.32 lakh crore.
Average AUM: Rose to ₹3.35 lakh crore from ₹3.33 lakh crore.
At the industry level, the mutual fund industry reported an overall net outflow of ₹52,948.78 crore in June 2026, an improvement of 17.3% from the ₹64,021.17 crore net outflow recorded in May 2026. Despite the overall outflows, the industry's total net assets under management (AUM) increased by 0.8% month-on-month to ₹82.22 lakh crore, compared with ₹81.58 lakh crore at the end of May, indicating continued growth in the overall asset base.
The industry also witnessed increased NFO activity during June 2026.
June 2026: 7 new schemes mobilised ₹460 crore.
May 2026: 13 new schemes mobilised ₹471 crore.
Although fewer schemes were launched in June, the mobilisation remained broadly comparable with the previous month.
AMFI's June 2026 data showed an improvement in investor sentiment toward equity mutual funds, with inflows rebounding from May levels and AUM rising across most equity categories. Hybrid funds maintained healthy inflows, while Gold ETFs and other ETFs recorded a notable turnaround.
Read stock market news in Hindi. Head to Angel One's share market news in Hindi for comprehensive coverage.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 10, 2026, 2:24 PM IST
Rakesh Deshmukh
Rakesh Deshmukh is a financial content specialist with around 3 years of experience writing impactful content across equities, mutual funds, IPOs, and personal finance. At Angel One, he decodes real-time market trends and breaking news, helping investors and traders stay updated. He also helps investors make informed decisions by simplifying market fundamentals and technical analysis. He holds a bachelor’s degree in commerce.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
