Net Equity Inflows Touch Rs 29,911 Crore In November, Up 21% MoM: AMFI

AFMI Data: Net equity inflows for the month of November 2025 jumped 21 per cent year-on-year to Rs 29,911 crore versus Rs 24,690 crore in October 2025, according to Association of Mutual Funds in India

(AMFI) monthly data.

The total assets under management for equity oriented scheme stood at Rs 35.65 lakh crore, compared to Rs 35.16 lakh crore in October.

Equity Inflows for the month of Nov 25 are at Rs. 29,911 Cr. vs 24,690 Oct 25 – a jump of 21%. Investors have continued to show faith in Equity despite the volatility in the markets, according to Ovas Bakshi, Head-Retail Sales, Kotak Mahindra AMC.

“Flexicap category got the highest flows at 8135 Cr. followed by large & Midcap category at Rs. 4503 Cr.; Midcap category at Rs.4486 Cr. and Small category at 4406 Cr,” he added.

Category-wise flows indicate a continued tilt toward growth-oriented and diversified mandates, with schemes that offer flexibility across market capitalisations—such as Multicap, Large & Midcap, and Flexicap funds—attracting sizeable inflows as investors sought exposure to multiple pockets of the market, explained Himanshu Srivastava, Principal Research, Morningstar Investment Research India.

Debt funds saw a sharp swing in November 2025, posting net outflows of Rs 25,693 crore after strong inflows of Rs 1.60 lakh crore in October. The drop was mainly due to big withdrawals from the two most liquidity-sensitive categories — overnight and liquid funds — as institutional investors pulled out surplus money ahead of mid-quarter payments and amid tighter system liquidity.

Overnight funds recorded heavy outflows of Rs 37,624 crore, while liquid funds saw redemptions of Rs 14,051 crore. The reversal was driven by month-end treasury moves, higher call money rates, and advance-tax withdrawals by corporates and institutions, which effectively wiped out the temporary inflow surge seen in October.