According to the latest data from the Association of Mutual Funds in India (AMFI) released on April 10, 2026, mutual funds saw a significant increase in net equity inflows in March, reaching ₹40,366 crore. This marks a 55% rise from ₹25,965 crore in February, indicating robust retail participation despite ongoing market volatility. Contributions through Systematic Investment Plans (SIPs) also increased, totaling ₹32,087 crore, up from ₹29,845 crore the previous month. However, the overall assets under management (AUM) for the mutual fund industry fell to ₹73.73 lakh crore, down from ₹82.03 lakh crore in February, representing a decline of over 10%. This decrease is attributed to mark-to-market losses amid a broad correction in equity markets rather than significant investor exits. Inflows remained strong across various market capitalizations, with large-cap funds attracting ₹2,997.8 crore, mid-cap funds ₹6,063.5 crore, and small-cap funds ₹6,263.6 crore. Conversely, liquid funds experienced outflows, typically associated with financial year-end adjustments by corporates, while gold exchange-traded funds (ETFs) saw a drop in demand, with inflows reducing to ₹2,266 crore from ₹5,255 crore in February. Hybrid funds faced a stark shift, recording outflows of ₹16,538.5 crore after previously seeing inflows of ₹11,983.4 crore.