Amfi Data For April: Inflow In Equity Schemes Dip, Gold ETFs See Uptick In Investor Funds

The Association of Mutual Funds in India (Amfi) has come out with its monthly report for April 2026. The volatility in the market as a result of the ongoing US-Iran war and other geopolitical reasons has had its effect on investing in the Indian equity market. The net inflow in equity schemes has shown a slight dip in April compared to the previous month, while debt schemes which saw a massive outflow in March 2026, has seen a good amount in investor inflow this time.

The net inflow for the month of April 2026 for all equity schemes was Rs 38,440.20 crore, down from Rs 40,450.26 crore in March. For debt schemes, which saw a massive outflow of Rs 2,94,987.18 crore in March 2026, there was an inflow of 2,47,490.03 crore.

Investor inflow in gold exchange-traded funds (ETFs) also saw a slight increase from Rs 2,265.68 crore in March 2026 to Rs 3,040.31 crore in April. Investor inflow in Funds of Funds Investing Overseas also trebled from Rs 530.75 crore in March to Rs 1,660.97 crore in April.

Equity Schemes

Investor inflows in large-cap funds fell from Rs 2,997.84 crore to Rs 2,524.61 crore. Large and mid-cap funds also saw a dip in investor inflows, falling from Rs 5,307.25 crore to Rs 4,940.49.

Sectoral/Thematic funds saw a massive dip in inflow of Rs 600 crore, falling from Rs 2,698.82 crore in March to Rs 1,949.36 crore, while for Focused Funds, the dip was inflow was even massive (twice at almost Rs 1,200 crore) from Rs 2,424.59 crore in March 2026 to Rs 1,194.80 crore.

Elsewhere, multi-cap funds saw an increase in investor inflow to Rs 3,806.01 crore from Rs 2,981.55 crore a month ago. Mid-cap and small cap funds also saw an increase in inflow from Rs 6063.53 crore to Rs 6551.40 crore, and from Rs 6,263.56 crore to Rs 6,885.90 crore, respectively.

Debt Schemes

Liquid funds, which saw massive outflow Rs 1,34,987.64 crore in March saw an inflow of Rs 1,65,104.67 in April. Overnight funds, which saw outflows of Rs 40,227.90 crore in the previous month, saw inflows of Rs 31,420.45 crore.

However, some debt schemes continued to see outflows even in April. These were, namely Medium Duration Fund Rs 392.22 crore, Long Duration Bond Rs 727.19 crore, Dynamic Bond Fund Rs 704.60 crore, Gilt Fund Rs 1048.49 crore and Banking and PSU Fund Rs 693.89 crore.

Others, such as Low Duration Fund, Money Market Fund and Short Duration Fund, which saw huge outflows of Rs 25,227.46 crore, Rs 29,206.98 crore, and Rs 22,193.50 crore in March, saw inflows Rs 7093.26 crore, Rs 20642.59 crore, and Rs 3917.21 crore, respectively.

Even Corporate Bond Fund saw inflows of Rs 6,196.51 crore, against outflows of Rs 15,292.59 crore.

Hybrid Schemes

Hybird funds, which invest in a mix of debt and equity schemes, and saw outflows of Rs 16,538.47 crore in March 2026, saw inflows of Rs 20565.24 crore.

Arbitrage Funds, which saw massive outflows of Rs 21,113.70 crore in March, saw inflows of Rs 12378.46 crore in April. Balanced Advantage Funds, which saw outflows of Rs 282.51 crore in March, saw inflows of Rs 1,773.07 crore in April. Multi-Asset Allocation Funds saw a steady inflow of Rs 5,113.30 crore as against Rs 5,212.73 crore a month ago.

Gold and Other Schemes

The inflow in index funds fell from Rs 8,168.76 crore to Rs 4,625.85 crore, while that for other ETFs fell from Rs 19,802.41 crore to Rs 10,754.86 crore.

Elsewhere, investor inflow in Gold ETFs increased from Rs 2,265.68 crore to Rs 3,040.31 crore and FoF Investing Overseas from Rs 530.75 crore to Rs 1,660.97 crore.