Mutual Fund Industry Data, June 2026: Monthly Inflows in June Rises to ₹ 31,781 Crore

The mutual fund industry recorded a net outflow of Rs 52,948.78 crore in June 2026, an improvement from May's wider outflow, driven almost entirely by one recurring seasonal pattern: a Rs 1.09 lakh crore exodus from debt and income oriented schemes tied to the mid June advance tax deadline for corporate taxpayers.

Set against that, equity oriented schemes had a genuinely strong month, pulling in a net Rs 28,973.41 crore, up sharply from May, and systematic investment plan contributions rose again to Rs 31,781 crore.

The more interesting story sits inside the equity numbers. For the first time in months, Flexi Cap funds were not the single largest category by net inflow. Mid Cap funds took that spot outright in June, with Small Cap funds close behind, a genuine shift in where fresh equity money chose to go this month rather than a continuation of the pattern that had held for most of the year so far.

This report works through the headline industry numbers, the full equity and growth oriented category breakdown and the mid cap led reshuffling within it, the debt and income oriented categories driving the overall outflow and the advance tax logic behind it, hybrid scheme flows, passive and other scheme flows including gold's comeback, the SIP contribution trend, and June's new fund launches.

The Headline Numbers

Segment	No. of Schemes (June 30, 2026)	Net Flow, June 2026 (Rs Crore)
Income/Debt Oriented Schemes (open ended)	335	-1,09,053.65
Growth/Equity Oriented Schemes (open ended)	570	+28,973.41
Hybrid Schemes	183	+12,892.76
Solution Oriented Schemes	41	+320.87
Other Schemes (Index Funds, Gold ETF, Other ETFs, FoF Overseas)	758	+16,724.26
Total A: Open Ended Schemes	1,887	-50,142.35
Total B: Close Ended Schemes	56	-2,806.43
Total C: Interval Schemes	2	0.00
Grand Total	1,945	-52,948.78

Figures as disclosed in AMFI's Monthly Report for June 2026. Fund of Funds (Domestic), a memo item not included in the grand total since it is already captured in underlying schemes, added a separate Rs 1,922.96 crore across 145 schemes.

The overall outflow narrowed from May, when the industry recorded a wider net outflow of roughly Rs 64,021 crore, largely because equity, hybrid and passive inflows all strengthened in June even as debt outflows remained elevated in absolute terms. Total industry AUM rose to roughly Rs 82.05 lakh crore at the end of June, up from about Rs 81.38 lakh crore in May, an increase driven by market gains and net inflows outside the debt category more than offsetting the debt led outflow.

Equity and Growth Oriented Schemes: Mid Cap Takes the Lead

Equity oriented schemes attracted a net Rs 28,973.41 crore in June, a 26.5% increase over May's net inflow, on gross mobilisation of roughly Rs 67,601 crore against redemptions of roughly Rs 38,627 crore. Within the category, Mid Cap Fund recorded the highest net inflow at Rs 6,090.17 crore, ahead of Small Cap Fund at Rs 5,601.96 crore and Flexi Cap Fund at Rs 5,231.31 crore.

This is a genuine change from the pattern that held through most of 2026 so far, in which Flexi Cap had consistently topped the monthly inflow table. Mid Cap's own inflow also jumped sharply from roughly Rs 4,385 crore in May, a considerably larger increase than the more modest rise recorded by Flexi Cap over the same month.

Equity Category	No. of Schemes	Net Flow, June 2026 (Rs Crore)
Mid Cap Fund	33	+6,090.17
Small Cap Fund	36	+5,601.96
Flexi Cap Fund	45	+5,231.31
Large & Mid Cap Fund	34	+4,321.32
Multi Cap Fund	32	+3,070.26
Large Cap Fund	35	+2,067.48
Sectoral/Thematic Funds	250	+1,469.26
Focused Fund	28	+1,118.18
Value Fund/Contra Fund	26	+686.79
Dividend Yield Fund	11	-49.44
ELSS	40	-633.88
Sub Total, Equity Oriented Schemes	570	+28,973.41

ELSS and Dividend Yield were the only two equity categories to record a net outflow during the month, a pattern broadly consistent with ELSS flows through the year given the category's three year lock in and the more muted tax saving push outside the January to March filing season.

Sectoral and Thematic funds nearly doubled their net inflow compared with May, when the category had drawn a considerably smaller amount, suggesting renewed appetite for concentrated, theme based equity exposure alongside the broader diversified categories. Equity oriented scheme AUM stood at roughly Rs 37.34 lakh crore as of June 30.

For most of 2026 so far, Flexi Cap was the category every monthly report led with. In June, it was Mid Cap's month.

Income/Debt Oriented Schemes: The Advance Tax Story

The debt and income oriented segment recorded a net outflow of Rs 1,09,053.65 crore in June across 335 schemes, the single largest driver of the industry wide net outflow for the month.

This pattern is a recurring, well understood seasonal feature of Indian debt fund flows rather than a sign of distress: mid June is the deadline for the first advance tax instalment of the financial year for corporate taxpayers, and companies routinely draw down liquid, overnight and short duration fund holdings, effectively short term corporate treasury parking, to fund those payments before redeploying surplus cash back into the same funds in the following month or two.

Debt/Income Category	No. of Schemes	Net Flow, June 2026 (Rs Crore)
Liquid Fund	42	-42,293.29
Low Duration Fund	25	-16,484.01
Overnight Fund	37	-10,579.58
Money Market Fund	27	-10,595.39
Ultra Short Duration Fund	25	-11,426.26
Corporate Bond Fund	21	-7,557.33
Short Duration Fund	25	-5,887.18
Banking and PSU Fund	20	-1,041.43
Gilt Fund	23	-1,095.55
Dynamic Bond Fund	22	-961.46
Medium to Long Duration Fund	13	-766.36
Long Duration Fund	11	-719.75
Gilt Fund with 10 Year Constant Duration	5	-102.48
Medium Duration Fund	13	-243.27
Floater Fund	12	+452.14
Credit Risk Fund	14	+247.55
Sub Total, Debt/Income Oriented Schemes	335	-1,09,053.65

Liquid Fund alone accounted for close to two fifths of the entire debt category outflow. Floater Fund and Credit Risk Fund were the only two debt categories to record a net inflow during the month, both relatively small in scale next to the outflows elsewhere in the category.

Overnight Fund's outflow of Rs 10,579.58 crore was, notably, smaller than the outflow the category recorded in May, suggesting the intensity of the advance tax linked withdrawal eased slightly compared with the prior month even as the broader debt category outflow remained large in absolute terms.

Hybrid Schemes

Hybrid schemes recorded a net inflow of Rs 12,892.76 crore across 183 schemes. Arbitrage Fund led the category, drawing Rs 5,798.99 crore, followed by Multi Asset Allocation Fund at Rs 4,810.76 crore, continuing the strong run this category has shown over the past year. Equity Savings Fund was the only hybrid category to record a net outflow.

Hybrid Category	No. of Schemes	Net Flow, June 2026 (Rs Crore)
Arbitrage Fund	39	+5,798.99
Multi Asset Allocation Fund	34	+4,810.76
Balanced Hybrid Fund/Aggressive Hybrid Fund	32	+2,121.28
Dynamic Asset Allocation/Balanced Advantage Fund	36	+553.40
Conservative Hybrid Fund	18	+102.96
Equity Savings Fund	24	-494.64
Sub Total, Hybrid Schemes	183	+12,892.76

Passive and Other Schemes: Gold's Comeback

Schemes classified under Other Schemes, primarily index funds, gold ETFs, other ETFs and overseas fund of funds, together recorded a net inflow of Rs 16,724.26 crore across 758 schemes. Gold ETFs staged a sharp reversal, pulling in Rs 3,443.23 crore in June after recording a net outflow in May, while Other ETFs, a broader category spanning silver, debt and other exchange traded products, drew the largest inflow in this group at Rs 13,237.76 crore. Index Funds were the only category here to record a net outflow, a modest Rs 58.54 crore.

Category	No. of Schemes	Net Flow, June 2026 (Rs Crore)
Other ETFs	309	+13,237.76
Gold ETF	26	+3,443.23
Fund of Funds Investing Overseas	52	+101.81
Index Funds	371	-58.54
Sub Total, Other Schemes	758	+16,724.26

Solution Oriented Schemes, covering Retirement Fund and Children's Fund, added a further Rs 320.87 crore across 41 schemes, a modest but positive contribution consistent with the category's typically slow, steady flow pattern.

SIP Contributions: Still Climbing

Systematic Investment Plan contributions rose to Rs 31,781 crore in June 2026, up from Rs 30,954 crore in May and Rs 31,115 crore in April, extending a run of monthly collections at or above roughly Rs 31,000 crore.

Measured against the same months a year earlier, when SIP contributions stood at Rs 27,269 crore in June 2025, Rs 26,688 crore in May 2025 and Rs 26,632 crore in April 2025, this represents year on year growth of roughly 16.6% in June, 16.0% in May and 16.8% in April, a consistent mid teens growth rate holding steady across the quarter even as net equity scheme flows themselves fluctuated more month to month.

Month	SIP Contribution 2025 (Rs Crore)	SIP Contribution 2026 (Rs Crore)	Year on Year Growth
April	26,632	31,115	+16.8%
May	26,688	30,954	+16.0%
June	27,269	31,781	+16.6%

SIP contribution figures for April, May and June 2026, and the corresponding months in 2025, as supplied for this report. Year on year growth calculated from these figures.

June's Rs 31,781 crore figure was also a 2.7% increase over May on a straight month on month basis, reversing a small dip recorded between April and May, and it marks the fifth consecutive month that SIP contributions have held at or close to the Rs 31,000 crore level, a level of consistency that stands in contrast to the sharper month to month swings visible in net equity scheme inflows and, especially, in debt category flows over the same period.

New Fund Launches in June

Seven new schemes completed allotment during June 2026, together mobilising Rs 460 crore, a relatively quiet month for new launches compared with some recent periods. The single largest new scheme was WhiteOak Capital's Aggressive Hybrid Fund, which raised Rs 310 crore, followed by The Wealth Company's Large & Mid Cap Fund at Rs 87 crore.

The remaining five launches were passive products, three index funds and two ETFs, together raising Rs 63 crore, including two separate launches built around a Nifty Smallcap 250 Momentum Quality 100 strategy from the same fund house in both an index fund and an ETF structure.

Scheme	Type	Funds Mobilised (Rs Crore)
WhiteOak Capital Aggressive Hybrid Fund	Hybrid	310
The Wealth Company Large & Mid Cap Fund	Equity	87
Motilal Oswal BSE Clean Environment Index Fund	Index Fund	36
ICICI Prudential Nifty Smallcap 250 ETF	ETF	9
Kotak Nifty Alpha Low Volatility 30 Index Fund	Index Fund	6
Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund	Index Fund	6
Groww Nifty Smallcap 250 Momentum Quality 100 ETF	ETF	6
Total (7 schemes)	-	460

Close Ended and Interval Schemes

Close ended schemes recorded a net outflow of Rs 2,806.43 crore across 56 schemes, led by Fixed Term Plans at Rs 2,755.00 crore, consistent with such schemes maturing and returning capital to investors rather than any active redemption pressure. Interval schemes, a small category with just two schemes, recorded no net flow during the month.

This report is based on AMFI's Monthly Report and New Schemes Report data for June 2026 as supplied, cross checked against AMFI data reported in published coverage on July 10, 2026. SIP contribution figures for April to June 2026 and the corresponding 2025 months were provided directly and are presented as supplied. This report is for educational and informational purposes only and does not constitute investment advice. Readers should consult AMFI's own published reports and a SEBI registered investment adviser before making investment decisions.

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