The mutual fund industry saw a moderation in net equity inflows in March 2025, which fell to ₹25,017 crore from ₹29,241.78 crore in February, according to AMFI data. Despite the dip, the total assets under management (AUM) rose to ₹65.74 lakh crore from ₹64.53 lakh crore, indicating robust market participation and asset growth.
Equity AUM rose to ₹29.5 lakh crore in March, compared to ₹27.4 lakh crore in February, reflecting a positive market environment. Systematic Investment Plan (SIP) contributions remained relatively stable at ₹25,926 crore in March, slightly down from ₹25,999 crore in the previous month.
Category-wise, large cap funds continued to see outflows, though at a slightly reduced pace — ₹2,479.31 crore in March vs ₹2,866 crore in February.
Small cap funds attracted ₹4,092.12 crore in March, up from ₹3,722.5 crore a month earlier, highlighting persistent investor interest in high-growth potential stocks.
Midcap funds saw a steep fall in inflows, registering just ₹946.56 crore in March compared to ₹6,804 crore in February.
Overall, the mutual fund data for March 2025 suggests a rotation of investor preference between fund categories, even as overall inflows softened. Stable SIP figures and rising AUM reaffirm investor confidence in mutual fund investments amid evolving market dynamics.