The Indian mutual fund industry’s overall assets under management (AUM) surged in October 2026, with total AUM increasing to Rs 83.39 lakh crore from Rs 82.64 lakh crore in the previous month, according to data released by the Association of Mutual Funds in India (AMFI).
The data reflected strong overall net inflows during the month, supported by significant investments in liquid funds, equity mutual funds, and exchange-traded funds (ETFs). However, equity mutual fund AUM witnessed a marginal decline despite continued positive net inflows.
Mutual fund AUM and inflows in October 2026
The industry’s total AUM increased by almost 0.9 per cent month-on-month to Rs 83.39 lakh crore in October. Meanwhile, equity AUM declined to Rs 37.15 lakh crore from Rs 37.54 lakh crore in September.
The mutual fund industry recorded net inflows of Rs 1,73,839.91 crore in October, compared with net outflows of Rs 1,33,375.57 crore in the previous month.
Net inflows into equity mutual funds stood at Rs 32,993.64 crore during October, lower than Rs 38,306.55 crore recorded in September. Despite the moderation, equity funds continued to attract substantial investor interest.
Gold ETFs and ETFs attract strong inflows
Gold ETFs recorded inflows of Rs 3,474.03 crore in October, compared with Rs 4,450.61 crore in September. Although inflows moderated month-on-month, investors continued to allocate money to gold-backed investment products.
Meanwhile, ETFs witnessed inflows of Rs 20,303.98 crore, compared with Rs 15,501.40 crore in the previous month, indicating increased investor participation in exchange-traded products.
Liquid funds lead debt fund Iinflows
Liquid funds emerged as a major contributor to overall mutual fund inflows, attracting Rs 70,533.75 crore in October. This marked a significant turnaround from the net outflow of Rs 95,743.20 crore recorded in September.
Corporate bond funds continued to witness outflows, although the pace of withdrawals moderated. These funds reported outflows of Rs 3,142.93 crore in October against Rs 4,652.24 crore in September.
Credit risk funds also recorded net outflows of Rs 70.31 crore, compared with inflows of Rs 127.26 crore in the previous month.