‘Mutual Funds Sahi Hai’ In Action! Flexi Caps Top Inflows, SIPs Hit Record High, Reveals AMFI March Data
News
AMFI Data: Investors turned smart and pumped nearly Rs 40,000 crore into equities via mutual fund right at the time when Nifty and Sensex dipped to their record-low levels in March amid geopolitical tensions. The equity mutual funds recorded a net inflow of Rs 40,450.26 crore in March against Rs 25,977.81 crore recorded in February, as per the data released by the Association of Mutual Funds in India.
Flexi cap mutual funds outperformed other categories by witnessing a strong inflow of around Rs 10,054 crore in March against Rs 6,924 crore inflow in the previous months. Additionally, the Systematic Investment Plan (SIP) contribution hit an all-time high.
AMFI Datal Flexi Caps See Massive Net Inflow
Flexi Caps topped the charts with a strong jump in net inflows to Rs 10,054.12 crore in March, as per AMFI data. In other mutual fund categories, small-cap funds saw a net investment inflow of around Rs 6,263.56 crore, whereas the mid-cap fund saw an inflow of Rs 6,063.53 crore. Large and mid-cap funds recorded an inflow of around Rs 5,307 crore and Rs 2,997.84 crore, respectively. The small-cap mutual funds category saw an inflow of around Rs 6263.56 crore in the period.
“Flexi Cap gains the spotlight as the top segment for inflows, reinforcing the importance of diversification across market caps when volatility is elevated. Mid Cap and Small Cap also witnessed sharp acceleration despite meaningful drawdowns, signalling that value buying opportunities are emerging in these segments. Moderation in Gold ETF flows points to a renewed optimism around equities,” stated Nitin Agrawal, CEO, Mutual Funds, InCred Money.
MF Inflow Decline On Yearly Basis
While the mutual fund inflow saw a sharp uptick in March compared to February 2026, there was a decline on a yearly basis. “Even though from feb 26 to mar 26 we have seen an increase in the equity collection on a year on year basis we have seen a drop by nearly 17%. Flexicap funds has received the highest amount 25-26 despite having underperformance as most funds are sticking more to largecaps. Debt funds have had a very muted year with collections dropping nearly 84% from last year. Taxation has played a very pivotal role in the investor’s mind while looking at debt funds. FY27 may augur well for debt funds. Hybrid funds is the only category to have increased net collection in FY 25-26 where multi-asset has been a stellar performer with investors being more conservative and taking exposure even to gold,” explained Juzer Gabajiwala – Director- Ventura.
Golf ETF Inflows Slow Down
Gold ETF inflows saw a sharp decline in March month to Rs 2265 crore against Rs 5,254 crore recorded in February month. “Other ETF categories witnessed strong inflows, largely supported by sustained equity-related investments. In contrast, inflows into Gold ETFs moderated to around ₹2,000 crore in March, lower than levels seen in previous months,probably as relative valuations became more favourable toward equities compared with gold,” explained Umesh Sharma, CIO-Debt, The Wealth Company Mutual.