Capital Markets

How India invests

₹422.1 billion ($4.42 billion) flowed into equity funds and ETFs in June 2026. A systematic investment plan, or SIP, is a standing monthly contribution into a mutual fund; SIP contributions accounted for ₹317.8 billion ($3.33 billion).

Latest complete month · June 2026

Investor participation

India had 231.55 million demat accounts in June 2026

75.35 million accounts were active under SEBI’s 12-month definition, or 32.5% of the total.

NSDL and CDSL investor accounts231.55 million

June 2026

data.indiadispatch.com

Data source: SEBI monthly bulletins, compiled from NSDL and CDSL. Accounts are not people, since one person may hold more than one account. The chart retains each validated observation exposed by SEBI’s current depository table and will fill forward as new bulletins arrive.

Fund flows

Flows now, through the year, and against history

Monthly flows and assets are in international rupee notation. YTD comparisons cover the same months in each comparison year.

AMFI monthly summaryJune 2026

Flows and AUM · ₹ and USD

CategoryLatest monthPrevious monthMoM2026 YTDLast year5 years agoAUM
Equity₹422.1 billion$4.42 billion₹222.9 billion$2.34 billion+89.4%₹2.4 trillion$25.5 billion₹2 trillion$21.1 billion₹374.8 billion$3.93 billion₹47.1 trillion$493 billion
SIP contributions₹317.8 billion$3.33 billion₹309.5 billion$3.24 billion+2.7%₹1.9 trillion$19.6 billion₹1.6 trillion$16.7 billion₹503.9 billion$5.28 billionNot reported
Other equity flows−₹28.1 billion−$294 million−₹80.5 billion−$843 millionOutflow narrowed−₹60.1 billion−$629 million₹20.3 billion$213 million−₹355.5 billion−$3.73 billionNot reported
ETFs₹132.4 billion$1.39 billion−₹6.2 billion−$65 millionSwung to inflow₹626.7 billion$6.57 billion₹399.7 billion$4.19 billion₹226.4 billion$2.37 billion₹9.7 trillion$102 billion
Debt−₹1.1 trillion−$11.4 billion−₹969.5 billion−$10.2 billionOutflow widened−₹1.4 trillion−$14.3 billion₹1.2 trillion$12.7 billion−₹242.4 billion−$2.54 billion₹17.4 trillion$182 billion
Short duration−₹972.7 billion−$10.2 billion−₹848 billion−$8.89 billionOutflow widened−₹669.2 billion−$7.01 billion₹1.1 trillion$11.1 billion−₹311.8 billion−$3.27 billion₹12.9 trillion$136 billion
Medium and long duration−₹116.9 billion−$1.22 billion−₹118.5 billion−$1.24 billionOutflow narrowed−₹687.7 billion−$7.21 billion₹154.7 billion$1.62 billion₹70.4 billion$738 million₹4.4 trillion$46 billion
Arbitrage₹58 billion$608 million₹57 billion$597 million+1.8%₹66.5 billion$696 million₹481.1 billion$5.04 billion₹341.8 billion$3.58 billion₹2.9 trillion$30 billion
Balanced and multi-asset₹70.9 billion$743 million₹48.6 billion$509 million+45.9%₹501.7 billion$5.26 billion₹247.5 billion$2.59 billion₹60.9 billion$638 million₹8.6 trillion$89.8 billion

data.indiadispatch.com

Data source: AMFI. Equity includes equity-oriented schemes and other ETFs. SIP is AMFI’s gross monthly contribution figure. Other equity flows are the residual after SIP contributions, so the three equity rows reconcile to the headline total.

Gold and silver funds

Precious metals are moving into financial accounts

Monthly net flows are shown alongside the latest number of folios and assets held in Gold and Silver ETFs.

Gold and Silver ETFsMonthly net flows

₹ and USD

Gold ETFsSilver ETFs
Gold ETF folios12.48 million₹1.7 trillion · $17.8 billion in assets
Silver ETF folios5.39 million₹789.44 billion · $8.27 billion in assets

data.indiadispatch.com

Data source: AMFI. Gold ETF and Silver ETF are separate rows in AMFI’s monthly sub-classification workbooks.

Discretionary equity flows

What investors do beyond their monthly SIPs

The bars estimate non-SIP equity flows. The line is the Nifty 50’s return over the same month.

Approximate lump-sum equity flowsDiscretionary money and market returns

−₹28.1 billion · −$294 million · 1.4%

Approximate flowNifty 50 monthly return
Bars: ₹ and USD, left scaleLine: monthly return, right scale

data.indiadispatch.com

Data source: AMFI and NSE Indices. Approximate lump-sum flow equals net flows into equity-oriented schemes less AMFI’s industry-wide SIP contribution. AMFI publishes SIP contributions for the industry as a whole, so the residual is an estimate.

SIP churn

New monthly investment plans and cancellations, month by month

Outstanding accounts include mandates that did not contribute during the month.

SIP accountsRegistrations and discontinuations

Jun 26

Apr 26
5.07 million new
5.13 million discontinued
101.1% stoppage ratio
May 26
5.42 million new
5.17 million discontinued
95.5% stoppage ratio
Jun 26
5.55 million new
5.06 million discontinued
91.2% stoppage ratio
Outstanding accounts105.16 million
Contributing accounts97.83 million
Did not contribute this month7.33 million
Monthly contribution₹317.81 billion$3.33 billion

SIP assets were ₹17.7 trillion ($186 billion) at the end of Jun 26.

data.indiadispatch.com

Data source: AMFI. New registrations, discontinued accounts, contributing accounts, monthly contributions and SIP assets are read from AMFI’s published SIP table.

Equity-market activity

Who bought and sold in June 2026

Category-wise cash-market activity. Net is purchases less sales.

NSE category-wise turnoverJune 2026

Buy, sell and net · ₹ and USD

CategoryBuySellNet
Banks₹51.8 billion$542 million₹37.1 billion$388 million₹14.7 billion$154 million
Insurance companies₹600.7 billion$6.29 billion₹492.6 billion$5.16 billion₹108.1 billion$1.13 billion
Mutual funds₹3 trillion$31.8 billion₹2.5 trillion$26.4 billion₹513.2 billion$5.38 billion
AIFs₹135.9 billion$1.42 billion₹134 billion$1.4 billion₹1.9 billion$20.2 million
PMS₹172.7 billion$1.81 billion₹167.1 billion$1.75 billion₹5.6 billion$58.4 million
Foreign institutional investors₹3.6 trillion$37.2 billion₹3.9 trillion$40.9 billion−₹351.7 billion−$3.69 billion
Retail₹10 trillion$105 billion₹9.9 trillion$103 billion₹162.3 billion$1.7 billion
Others₹10.2 trillion$106 billion₹10.6 trillion$111 billion−₹453.9 billion−$4.76 billion

data.indiadispatch.com

Data source: NSE. Values are monthly category-wise turnover totals.

Foreign investment

Foreign investment moved in the same direction across equity and debt

The chart stops at July 2026, the latest complete month reported by NSDL, one of India’s two securities depositories. Partial months are held back until they close.

Foreign portfolio investmentMonthly net investment

₹ and USD

EquityDebtHybrid

data.indiadispatch.com

Data source: NSDL. Debt combines the general, VRR and FAR limits. Values measure net investment; assets under custody are a separate series.

Foreign equity by sector

Foreign investors added most to consumer services and cut capital goods in July 2026

₹102 billion ($1.07 billion) moved into consumer services, while −₹62.8 billion (−$657 million) left capital goods.

Monthly foreign equity flow₹102.01 billion$1.07 billion

July 2026

data.indiadispatch.com

Largest inflows

SectorMonthly flowEquity AUC
Consumer Services₹102 billion$1.07 billion₹2.8 trillion$28.9 billion
Healthcare₹77.6 billion$813 million₹5.3 trillion$55.9 billion
Consumer Durables₹73.4 billion$769 million₹2 trillion$20.8 billion
Metals & Mining₹49.4 billion$517 million₹2.9 trillion$30.8 billion
Information Technology₹33.6 billion$352 million₹3.9 trillion$41.2 billion
Construction Materials₹24.5 billion$256 million₹1.1 trillion$11.1 billion

data.indiadispatch.com

Largest outflows

SectorMonthly flowEquity AUC
Capital Goods−₹62.8 billion−$657 million₹4.9 trillion$51.2 billion
Telecommunication−₹57.3 billion−$600 million₹3.7 trillion$39 billion
Automobile and Auto Components−₹45.6 billion−$478 million₹5.4 trillion$56.5 billion
Power−₹28.6 billion−$300 million₹2.7 trillion$28 billion
Construction−₹12 billion−$126 million₹1.2 trillion$12.8 billion
Financial Services−₹6.9 billion−$72.7 million₹21.1 trillion$221 billion

data.indiadispatch.com

Data source: NSDL. Monthly flow is the sum of both fortnightly sector reports in the calendar month. Assets under custody, or AUC, are the separate month-end value of foreign equity holdings. The chart uses complete months only.

Equity derivatives

Proprietary desks account for most reported contracts

Equity derivativesWho traded the contracts

June 2026

36%
6%
58%
Clients35.9%
Domestic institutions0.2%
Foreign institutions6.0%
Proprietary desks58.0%

Share of long and short contracts reported in NSE’s daily participant files. NSE publishes clients as one group, so retail and corporate activity are not split here.

data.indiadispatch.com

Data source: NSE. Monthly shares are aggregated from complete daily participant-wise trading-volume files.

Government bonds

Funds and investment managers hold 49% of the government bonds fully open to foreigners

The Fully Accessible Route, or FAR, identifies central-government bonds foreign investors can buy without aggregate investment limits. The comparison is against June 2026.

Month-end Debt-FAR AUCWho owns the bonds

July 2026

₹3.4 trillion$35.2 billionheld under FAR
Central banks, sovereign funds and multilaterals22.1%
Government-related and pension funds16.3%
Banks and broker-dealers4.8%
Funds and investment managers49.2%
Corporates and family offices6.9%
Others0.8%

data.indiadispatch.com

One-month changeWho added FAR bonds

vs June 2026

Central banks, sovereign funds and multilaterals
+₹10 billion+$105 million
Government-related and pension funds
+₹62.2 billion+$652 million
Banks and broker-dealers
−₹9.3 billion−$97.5 million
Funds and investment managers
+₹123.8 billion+$1.3 billion
Corporates and family offices
+₹28.8 billion+$302 million
Others
+₹1 billion+$10.5 million

data.indiadispatch.com

Data source: NSDL. This is category-wise, month-end Debt-FAR assets under custody. CCIL’s daily security-level indicative holding below has a different date and valuation basis, so the two totals are not interchangeable.

Government bonds

Foreign bond holdings are concentrated in the next decade

Each bar is rebuilt from CCIL’s security-level holdings. Years to maturity are calculated from the bond’s stated maturity year.

CCIL indicative holdingsWhere the holdings mature

As of August 11, 2026

Years to maturity₹3.7 trillion · $39.1 billion total

data.indiadispatch.com

Data source: CCIL. This is CCIL’s daily indicative value of aggregate FPI holdings, rebuilt by security. It is distinct from the month-end NSDL assets-under-custody total above.

Government bonds

The RBI absorbed 78% of new government bond supply in FY26

Holdings are reconstructed from RBI’s fiscal year-end ownership shares and the outstanding stock of central-government dated securities.

Government bond supplyWho absorbed the net increase

Share of net government bond supply

FY22FY23FY24FY25FY26

Flows are the change in each investor group’s holdings between fiscal year ends. The denominator is the change in total central-government dated securities outstanding.

data.indiadispatch.com

Data source: RBI Bulletin. Provident and pension funds are combined; unlisted categories are retained in Others.

Pension capital

Equity assets in the national pension system have more than tripled in three years

The National Pension System, or NPS, is India’s government-regulated, market-linked retirement system. Its equity assets rise with contributions and market returns.

National Pension SystemAssets held in equity schemes

₹1.7 trillion · $17.6 billion

PFRDA publishes the asset stock only, so no flow estimate is derived from it.

data.indiadispatch.com

Data source: PFRDA. Scheme E Tier I and Tier II assets are summed across registered pension funds.

Quick answers

Questions this page answers

How does the newest official release describe equity mutual-fund flows?

The newest verified data show that net equity flows were ₹422.1 billion ($4.42 billion) in June 2026.

How does the newest official release describe recurring mutual-fund contributions?

The newest verified data show that recurring investment-plan contributions were ₹317.8 billion ($3.33 billion) in June 2026.

How does the newest official release describe foreign institutional trading?

The newest verified data show that foreign institutional investors were net sellers of ₹351.7 billion ($3.69 billion) in June 2026.