Equity-oriented mutual fund schemes saw a net inflow of ₹22,908 crore in May, marking the lowest level in twelve months amid fluctuating market conditions. This amount fell 40 percent from the ₹38,440 crore recorded in April, based on figures from the Association of Mutual Funds in India released on June 10, 2026. The broader mutual fund sector posted a net outflow of ₹64,131 crore in May, reversing from a net inflow of ₹3.22 lakh crore in April, mainly due to ₹96,948 crore withdrawn from debt-oriented schemes. As a result, total industry assets under management declined to ₹81.6 lakh crore at the end of May from ₹81.92 lakh crore the prior month. Equity scheme inflows reached ₹22,908 crore in May, down from ₹38,440 crore in April, ₹40,450 crore in March, ₹25,978 crore in February and ₹24,028 crore in January. The May figure was the smallest since May 2025, when inflows totaled ₹19,013 crore. Among equity categories, Flexi Cap funds led with ₹5,175 crore, followed by Small Cap funds at ₹4,945 crore and Mid Cap funds at ₹4,385 crore, while Large Cap funds attracted ₹1,593 crore. Dividend Yield Funds and Equity Linked Savings Schemes experienced net outflows. Gold Exchange Traded Funds saw a net outflow of ₹725 crore, compared with an inflow of ₹3,040 crore in April.
