Equity mutual fund inflows surged to a record ₹42,672 crore in July 2025, sharply higher than ₹23,568 crore in June, as per the latest data from the Association of Mutual Funds in India (AMFI).
The spike was largely driven by new fund offerings (NFOs), which raised ₹30,416 crore during the month — the highest monthly mobilisation ever. Notable launches included HDFC Innovation Fund, ICICI Prudential Active Momentum Fund, Sundaram Multi-Factor Fund, TRUSTMF Multi Cap Fund, Bajaj Finserv Small Cap Fund, and multiple offerings from Jio BlackRock AMC. Funds backed by HDFC Bank and ICICI Bank accounted for a significant portion of the inflows.
Among equity categories, thematic and sectoral funds were the top contributors, bringing in ₹9,426 crore. On the debt side, three schemes together mobilised ₹17,800 crore in July.
The record-breaking inflows underscore robust investor appetite for equities, supported by aggressive NFO activity and strong participation in thematic segments.