Story perspectives

September Sees Drop in Equity Fund Inflows, Record Gold ETFs

10/12/2025

Summary

Story summary

September 2025 inflows into India's equity mutual funds fell to INR30,422 crore, down 9% from August.
Midcap funds attracted INR5,085 crore, the highest among segments, although sectoral funds posted the lowest inflows.
Gold Exchange-Traded Funds (ETFs) saw a record inflow of INR8,363 crore amid economic uncertainties.
Debt mutual funds faced outflows of INR1.01 lakh crore, led by liquid funds.
Total mutual fund assets under management rose to INR75.61 lakh crore.

History

Historical Context

India's mutual fund industry has evolved significantly since the introduction of the Unit Trust of India in 1963. By 2015, mutual fund assets reached INR16.5 lakh crore, with a 30% increase in retail participation. However, economic uncertainties have since shifted investor preferences towards Gold ETFs, reflecting changing market sentiments and investment strategies amid ongoing fluctuations in equity and debt mutual funds.

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Story summary

September 2025 inflows into India's equity mutual funds fell to INR30,422 crore, down 9% from August.
Midcap funds attracted INR5,085 crore, the highest among segments, although sectoral funds posted the lowest inflows.
Gold Exchange-Traded Funds (ETFs) saw a record inflow of INR8,363 crore amid economic uncertainties.
Debt mutual funds faced outflows of INR1.01 lakh crore, led by liquid funds.
Total mutual fund assets under management rose to INR75.61 lakh crore.

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