NFO Collections Hit 5-Year Low in June 2026 Quarter, SIPs Remain Strong

New fund offers (NFOs) attracted ₹1,759 crore during the April-June 2026 quarter, the lowest quarterly collection in 5 years, according to The Economic Times report citing data from the Association of Mutual Funds in India (AMFI).  

The amount was 73% lower than ₹6,506 crore collected in the same quarter last year. It also fell sharply from ₹10,661 crore raised in the January-March 2026 quarter, extending the year-on-year decline in NFO collections to 6 consecutive quarters. 

Passive Funds Lead New Launches 

Fund houses continued to launch new schemes despite lower collections. AMCs introduced 31 NFOs during the quarter, of which 26 were passive products, including index funds and exchange-traded funds (ETFs).  

These schemes together mobilised ₹1,024 crore. Passive funds accounted for the majority of launches as well as a significant share of the total money raised during the quarter. 

SIP Inflows Continue at Similar Levels 

While NFO collections weakened, investments through systematic investment plans (SIPs) remained largely unchanged. Monthly SIP inflows stood at ₹31,115 crore in April 2026, ₹30,954 crore in May 2026, and ₹31,781 crore in June 2026.  

The figures remained above ₹30,000 crore for all three months, indicating that regular investments continued despite fluctuations in the equity market. 

Contrasting Trend Across Mutual Funds 

The June 2026 quarter reflected different trends across mutual fund investment channels. Fresh collections through newly launched schemes remained subdued, while SIP contributions continued at broadly similar levels.  

The latest AMFI data also showed that the June quarter marked the third consecutive quarter of sequential decline in NFO collections. 

Read More: NFO Alert: DSP Mutual Fund Launches DSP BSE MidSmall Private Banks ETF! 

Conclusion 

Mutual fund fundraising through NFOs continued to slow during the June quarter, extending the ongoing decline in collections. At the same time, monthly SIP inflows remained steady despite market fluctuations. 

For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi. 

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.   
 
Mutual fund Investments are subject to market risks, read all the related documents carefully before investing.