Activities of Equity Mutual Fund Schemes - April 2025
Financial Report
Equity MFs Touch ₹30.58 Lakh Cr AUM in April - Equity mutual funds saw a robust 3.8% rise in Net AUM during April, driven by strong market momentum and rising investor confidence — pushing total assets to a record ₹30.58 Lakh Cr.
Fresh Bets: Funds Flock to Financials, Aviation & EVs - Recent IPO stock Ather Energy led the fresh picks with 13 schemes acquiring a massive 4.97% stake, reflecting rising conviction in the electric mobility theme. Financial names were in high demand, with Axis Bank, IDFC First Bank, Kotak Mahindra Bank and Ujjivan Small Finance Bank drawing fresh interest. Jio Financial and Max Financial were also among the top choices, signaling continued confidence in the financial sector’s growth trajectory. Beyond banking, mutual funds added Interglobe Aviation, Reliance Industries, Supreme Industries, Lupin, Tube Investments, Dixon Technologies and Cholamandalam Investment.
IndusInd Bank: Conflicting Moves by MFs in April - IndusInd Bank was at the center of mixed activity, with 23 mutual fund schemes adding the stock as fresh investment (1.45% stake), while 17 others exited it (1.68% stake). The simultaneous buying and selling signals fund managers' divided outlook and portfolio rebalancing strategies.
Clear Exits: Profit Booking in Autos, Pharma & Consumption - Voltas faced the steepest pullback, with 21 schemes exiting a 2.25% stake. Muthoot Finance, Zydus Life Sciences and Tech Mahindra also saw exits by 13 or more schemes. Notably, Mahindra & Mahindra, Siemens, Hindalco, ITC, Dr. Reddy’s Labs, Hindustan Unilever, Tata Motors, Bharat Forge and Navin Fluorine were also among the top exits.
MFs Active in April: Persistent Systems, Reliance, Axis Among Top Buys - In April 2025, equity mutual funds actively traded top stocks, with Persistent Systems, Reliance Industries, Axis Bank, Bajaj Finserv and State Bank of India leading in net stake additions. Other gainers included TCS, Interglobe Aviation, Kotak Bank and Maruti Suzuki with modest positive moves. On the sell side, ITC, Bharti Airtel, Infosys, L&T, HDFC Bank. ICICI Bank, Mahindra & Mahindra, HUL, NTPC, IndusInd Bank and Eternal also witnessed trimmed positions, indicating portfolio reshuffling and selective profit booking.
Midcap Action: MFs Buy Persistent, Lupin & Coforge; Trim IndusInd, Apollo & Bharat Forge - In April, mutual funds actively rotated within midcaps — increasing stakes in Persistent Systems, Lupin, Coforge, Max Financial Services, Hindustan Petroleum and Bharat Forge . However, they exited or reduced holdings in IndusInd Bank, Apollo Hospitals, Max Healthcare and Supreme Industries, signaling mixed views across financials, healthcare and industrials.
Smallcap Shuffle: MCX, Delhivery & Kajaria in Focus; MFs Exit Cholamandalam, Navin Fluorine & PNB Housing - Among Small Caps, funds showed buying interest in MCX, Delhivery, Kajaria Ceramics and Whirlpool of India. On the other hand, they sold off positions in Amber Enterprises, Navin Fluorine, Gland Pharma, PNB Housing Finance, The Ramco Cements and Cholamandalam Financial reflecting selective repositioning across NBFCs, industrials and specialty chemicals.
Flexi Cap Funds Shine in 2025, Corner 23% of April Inflows: Flexi Cap Funds have emerged as investor favorites in 2025, drawing a commanding 19% of total equity inflows from January to April. The trend intensified in April alone, with the category grabbing 23% of overall inflows — the highest among peers. Small Cap, Sector/Thematic, and Mid Cap Funds followed closely, each securing 14% of total equity inflows from January to April, signaling strong and diversified interest across growth-oriented segments.
For a comprehensive understanding and more insights, please go through our detailed report.