HSBC has reported that net flows into equity and hybrid (E&H) funds improved further in July 2025, showing broad-based gains across fund categories compared to 1QFY26. Systematic Investment Plan (SIP) flows accounted for around 45% of total inflows, while New Fund Offers (NFOs) contributed 17%. Lump sum flows also saw an uptick during the month.

The brokerage observed that large asset management companies (AMCs) continued to gain market share in assets under management (AUM). However, while buoyant equity markets present an upside risk to its cautious stance, HSBC maintained a measured view on the sector.

Disclaimer: The above views are those of HSBC. This update is for news reporting purposes only and does not constitute investment advice.