The net assets under the management (AUM) of the Indian mutual fund industry at the end of May 2026 stood at Rs 81.58 lakh crore, according to data from the Association of Mutual Funds of India (AMFI). This is lower by 0.42% as compared with the figure of Rs 81.92 lakh crore recorded in April 2026.

The AUM of open-ended plans fell to Rs 81.38 lakh crore in May 2026 from Rs 81.71 lakh crore in April. The equity plans in this category recorded net inflows of Rs 22,907.77 crore.

Within equity, Flexi Cap Fund drew the most significant inflows in May, attracting Rs 5,175.54 crore. Small Cap Funds followed suit with inflows of Rs 4,945.57 crore, while ELSS saw net outflows of Rs 650.78 crore during the period under review .

Debt funds witnessed net outflows in May totaling Rs 96,948.51 crore. This category had recorded net inflows of Rs 247,490.03 crore in April. Liquid Funds recorded maximum outflow of Rs 29,680.94, followed by Money Market Funds (with outflows of Rs 24,691.74 crore) and Overnight Fund (with outflows of Rs 15,524.77 crore).

Hybrid schemes, offering a mix of equity and debt exposure, recorded net inflows of Rs 10,560.24 crore in May 2026. This was largely driven by Arbitrage Funds, which recorded inflows of Rs 5,697.90 crore.

In the Other Schemes category, Gold ETFs and Other ETFs recorded a net outflow of Rs 725.04 crore and Rs 620.22 crore, respectively.

The systematic investment plan (SIP) contributions stood at Rs 30,954 crore in May 2026, compared with Rs 31,115 crore in April. The number of SIP contributing accounts was 9.64 crore while the SIP AUM was Rs 17,12,126 crore as on 31 May 2026.