Equity mutual fund inflows rise 26% to ₹28,973 crore in June, led by mid- and small-caps

Assets under management (AUM) of Specialised Investment Funds (SIFs) rose 29% month-on-month to Rs 17,858 crore in June 2026 from Rs 13,814 crore in May, while total inflows jumped 171% to Rs 3,782 crore from Rs 1,396 crore, according to the ValueMetrics Mutual Fund & SIF Flow Meter (July 2026).Hybrid Long-Short Funds continued to dominate the SIF segment, accounting for 67% of total SIF AUM at Rs 11,910 crore as of June 30, 2026, with an average folio size of Rs 35 lakh. Overall, Hybrid Investment Strategies contributed 72% of total SIF AUM, amounting to Rs 12,822 crore, with an average folio size of Rs 32.7 lakh.Equity-Oriented Investment Strategies accounted for the remaining 28% of total SIF AUM at Rs 5,036 crore, with an average folio size of Rs 14.1 lakh. Overall SIF AUM stood at Rs 17,858 crore at the end of June, with an average folio size of Rs 23.8 lakh.Hybrid Long-Short Funds attracted Rs 2,043 crore in inflows during June, up 189% from Rs 707 crore in May. Since October 2024, the category has received cumulative inflows of Rs 11,568 crore, accounting for 66% of total SIF inflows, the highest among all investment strategies.Equity-Oriented Investment Strategies received Rs 1,097 crore during June, an increase of 68% over Rs 652 crore in May. Cumulative inflows into the category since October 2024 have reached Rs 4,938 crore, contributing 28% of total SIF inflows. Overall cumulative inflows into SIFs since October 2024 stood at Rs 17,407 crore.The broader mutual fund industry also recorded healthy investor participation during June. Total mutual fund AUM increased to Rs 82.2 lakh crore, while net inflows into active equity and hybrid funds stood at around Rs 36,000 crore, supported by sustained retail participation through SIPs and continued interest in equity-oriented investment products.Active equity mutual funds recorded gross inflows of Rs 67,601 crore in June, up from Rs 57,604 crore in May. SIP contributions rose to Rs 31,781 crore, while SIP assets increased to Rs 17.70 lakh crore.Hybrid funds, excluding arbitrage funds, attracted net inflows of Rs 7,163 crore in June compared with Rs 4,862 crore in the previous month.Gold ETFs also saw a sharp turnaround, recording net inflows of Rs 3,443 crore in June after net outflows of Rs 725 crore in May. Active equity funds registered net inflows of Rs 28,973 crore during the month, reflecting continued retail participation and positive investor sentiment.SIP contributions reached a record Rs 31,781 crore in June, while SIP AUM rose to Rs 17.70 lakh crore. Outstanding SIP accounts increased to 10.52 crore, alongside a sharp improvement in net new SIP registrations, indicating sustained retail participation despite market volatility.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Equity mutual fund inflows climbed 26% in June to Rs 28,973 crore, led by strong investments in midcap, smallcap and flexicap funds, while ELSS and dividend yield funds continued witnessing net outflows.

Mumbai: Equity mutual fund inflows surged more than a quarter in June, after having retreated to a 12-month low in May, as robust gains in mid- and small-cap stocks encouraged retail investors to pump more money into these plans.Investors poured ₹28,973 crore into equity plans in June, up 26% from May's ₹22,908 crore, data from industry body AMFI showed. Equity mutual fund inflows had fallen 40% in May - to their lowest level in a year - as investors scaled back fresh lump-sum allocations amid concerns over the fallout of the West Asia conflict.Retail investors returned aggressively to the mid- and small-cap segments in June, allocating ₹11,692 crore to the two categories, accounting for about 40% of the month's total equity inflows."Mid and small caps simply held up better, and flows followed the resilience," said Viraj Gandhi, CEO, Samco Mutual Fund. "Investors backed the segment of the market that showed the least damage, while stepping back from diversified and thematic mandates."Collections through systematic investment plans (SIPs) also rose 2.67% to ₹31,781 crore from ₹30,954 crore in May. Assets under management (AUM) for the mutual fund industry edged up 0.8% to ₹82.05 lakh crore, aided by marked-to-market gains despite outflows from debt funds.132323293Thematic Opportunities The Nifty Midcap 150 and Nifty Smallcap 250 rose 4.8% and 8.7%, respectively, while the Nifty gained 1.4% in June.Over the past three months, the Nifty Midcap 150 has gained 9.11%, the Nifty Smallcap 250 has risen 15.34%. The Nifty has climbed 1.3% in the past three months, although the gauge is yet to retrace levels seen before the start of the Iran war late February.Samco's analysis showed that inflows into mid-cap funds surged 30% above their 12-month average to Rs 6,090 crore - the highest among all equity categories. Small-cap funds attracted Rs 5,602 crore, or 19% above their 12-month average.Among other equity categories, flexi-cap funds attracted Rs 5,231 crore, followed by large & mid-cap funds at Rs 4,321 crore, multi-cap funds at Rs 3,070 crore and large-cap funds at Rs 2,067 crore.Sectoral and thematic funds also witnessed a recovery, attracting Rs 1,469 crore in June compared with Rs 648 crore in May, indicating renewed investor interest in thematic opportunities.Among hybrid strategies, aggressive hybrid funds, which invest around 65-80% in equities and 20-35% in fixed income, saw inflows jump to Rs 2,121 crore from Rs 655 crore in the previous month.

Indians invested ₹28,973 crore into equity based mutual fund schemes in June 2026, which is 26.5% more than the ₹22,907 crore in the previous month

Equity mutual fund investments witnessed a recovery in June, with net inflows rising to ₹28,973 crore from ₹22,908 crore in May, according to data released by the Association of Mutual Funds in India (AMFI). The increase indicates improving investor confidence after a relatively weaker performance in the previous month.Despite the monthly improvement, equity inflows remained lower than the levels recorded in March and April, when investments crossed ₹40,000 crore and ₹38,000 crore, respectively. The assets under management (AUM) of equity mutual fund schemes also increased to ₹37.34 lakh crore in June from ₹36.14 lakh crore in May.Mid-cap funds continued to attract the highest investor interest, receiving inflows of ₹6,090 crore during the month. Small-cap funds followed with investments of ₹5,602 crore, while flexi-cap funds attracted ₹5,231 crore. Large and mid-cap funds received ₹4,321 crore, and multi-cap funds saw inflows of ₹3,070 crore.The continued preference for mid-cap and small-cap funds remained a key trend, with both categories together attracting nearly ₹11,692 crore, accounting for more than 40% of total equity inflows during June.Large-cap funds also witnessed improved demand, with inflows increasing to ₹2,067 crore from ₹1,593 crore in May. SEBI Likely To Approve Key Reforms In Bond Markets, Mutual Funds And AIFs At June 19 Board MeetingSectoral and thematic funds recorded inflows of ₹1,469 crore, more than double the previous month, although they remained below the levels seen earlier in the year. Equity Linked Savings Scheme (ELSS) funds continued to face withdrawals.Hybrid mutual funds also maintained their appeal, attracting net inflows of ₹12,893 crore compared with ₹10,560 crore in May.Gold ETFs witnessed a strong turnaround during the month. After recording outflows of ₹725 crore in May, the category attracted fresh investments of ₹3,443 crore in June, reversing the earlier trend.On the other hand, debt mutual funds continued to face investor withdrawals. The category recorded net outflows of ₹1.09 lakh crore in June, higher than the ₹96,949 crore withdrawal seen in May. Debt fund AUM declined to ₹17.38 lakh crore from ₹18.25 lakh crore during the period.Liquid funds saw the highest withdrawals at ₹42,293 crore, followed by low-duration funds at ₹16,484 crore and ultra-short-duration funds at ₹11,426 crore. Money market and overnight funds also witnessed significant outflows.Only a few debt categories, including floater funds and credit risk funds, managed to attract fresh investments. Overall, June reflected stronger equity participation but continued caution among investors towards debt schemes.

The mutual fund industry saw a net outflow of ₹52,949 crore in June, down from ₹64,131 crore in May, mainly due to ₹1.09 lakh crore withdrawn from debt-oriented schemes