Net inflows into equity mutual funds fell 14.8% month-on-month to Rs 24,697 crore in July 2026, from Rs 28,973 crore in June, according to the Association of Mutual Funds in India (AMFI).
This means investors put Rs 4,276 crore less into equity mutual funds in July compared with June. The fall was mainly due to lower inflows in large-cap, large & mid-cap, focused and flexi-cap funds.
Large-cap funds saw a sharp change in investor flows in July. The category saw a net outflow of Rs 1,322 crore, compared with a net inflow of Rs 2,067 crore in June. In percentage terms, the change was about 164% compared with June’s inflow.
Focused funds also saw a sharp fall. Net inflows dropped 42.6% to Rs 642 crore in July from Rs 1,118 crore in June 2026.
Large & mid-cap funds saw net inflows falling 20.7% to Rs 3,425 crore in July from Rs 4,321 crore in June.
Flexi-cap funds also saw lower inflows in July. The category received Rs 4,709 crore, down from Rs 5,231 crore in June. This is a fall of around 10%.
Net inflows into sectoral and thematic funds fell 9.6% to Rs 1,328 crore in July from Rs 1,469 crore in June.