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The total assets under management (AUM) of the mutual fund industry grow to Rs 79.87 lakh crore in October, compared to Rs 75.61 lakh crore in the previous month.
Mutual Fund Investments In October 2025.
Equity mutual funds recorded net inflows of Rs 24,690 crore in October 2025, marking a 19% drop from Rs 30,422 crore in September, as per the latest data released by the Association of Mutual Funds in India (AMFI). Despite being the third straight month of moderation, the overall inflows continued to remain strong.
The total assets under management (AUM) of the mutual fund industry grew to Rs 79.87 lakh crore in October, compared to Rs 75.61 lakh crore in the previous month. Equity AUM also increased to Rs 35.16 lakh crore from Rs 33.7 lakh crore in September.
Gold exchange-traded fund (ETF) inflows eased to Rs 7,743 crore in October from Rs 8,363 crore in September and Rs 2,190 crore in August, according to AMFI data.
Retail participation remained healthy, with the total number of mutual fund folios touching 25.60 crore in October. The industry also witnessed the launch of 18 open-ended schemes across various categories, which together mobilised Rs 6,062 crore during the month.
Among the 11 equity mutual fund categories, value/contra funds saw the steepest fall, with inflows plunging from Rs 2,107.93 crore in September to Rs 368.39 crore in October — a decline of nearly Rs 1,739 crore.
Large-cap funds saw inflows reduce to Rs 972 crore from Rs 2,319 crore a month earlier, while mid-cap funds witnessed a 25% month-on-month (MoM) decline to Rs 3,807 crore. Small-cap funds also lost traction, with inflows dropping by Rs 3,476 crore, or about 20% MoM.
In contrast, sectoral and thematic funds registered a marginal uptick in inflows, rising from Rs 1,221 crore to Rs 1,366.16 crore in October.
Flexi Cap Funds emerged as a bright spot, bucking the overall slowdown trend by posting a sharp increase in inflows to Rs 8,928.71 crore in October from Rs 7,029.26 crore in September, the highest across all categories.
Commenting on the data, Himanshu Srivastava, principal (research) at Morningstar Investment Research India, said, “Equity-oriented mutual fund categories recorded net inflows of Rs 24,690 crores in October 2025. While it’s a decent net inflow in absolute terms, it was lower than the net inflow of Rs 30,422 crore in September 2025. This was now the third consecutive month which witnessed moderation in net inflows into the equity categories. The moderation in net inflows could be attributed to profit booking by investors, given the sharp surge in the equity markets along with the festive season. While the pace of inflows softened, the overall trend continues to reflect sustained investor confidence in equities.”

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
November 11, 2025, 13:03 IST
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