11 equity mutual funds witness AUM fall by over Rs 5,000 crore in March. Check details

Around 11 equity mutual funds saw a decline in AUM by over Rs 5,000 crore in March. There were 728 equity mutual funds, of which 691 funds saw decline in AUM. Here is a detailed breakup (Source: ACE MF)

HDFC Balanced Advantage Fund, HDFC Flexi Cap Fund, and HDFC Mid Cap Fund witnessed AUM declines of Rs 9,131 crore, Rs 9,120 crore, and Rs 8,898 crore, respectively. As of March 2026, their AUM stood at Rs 98,457 crore, Rs 91,334 crore, and Rs 85,357 crore. Notably, both HDFC Balanced Advantage Fund and HDFC Flexi Cap Fund had crossed the Rs 1 lakh crore AUM mark in February.

ICICI Prudential Large Cap Fund, a large cap fund, saw a decline in AUM by Rs 7,504 crore and had an AUM of Rs 69,947 crore in March. The fund had an AUM of Rs 77,451 crore in February.

Kotak Flexicap Fund, a flexi cap fund, saw a decline in AUM by Rs 6,707crore and had an AUM of Rs 50,146 crore in March. The fund had an AUM of Rs 56,853 crore in February.

SBI Large Cap Fund and SBI Equity Hybrid Fund saw a decline in AUM by Rs 6,320 crore and Rs 6,025 crore respectively. They had an AUM of Rs 48,925 crore and Rs 76,291 crore respectively.

Kotak Midcap Fund, a mid cap fund, saw a decline in AUM by Rs 6,018 crore and had an AUM of Rs 55,675 crore in March. The fund had an AUM of Rs 61,694 crore in February.

Nippon India Small Cap Fund, the largest small cap fund based on assets managed, saw a decline in AUM by Rs 5,832 crore and had an AUM of Rs 61,808 crore in March. The fund had an AUM of Rs 67,641 crore in February.

SBI Contra Fund, the largest and oldest contra cap fund, saw a decline in AUM by Rs 5,357 crore and had an AUM of Rs 43,753 crore in March. The fund had an AUM of Rs 49,111 crore in February.

Parag Parikh Flexi Cap Fund, the largest active fund and flexi cap fund, saw a decline in AUM by Rs 5,286 crore and had an AUM of Rs 1.28 lakh crore in March. The fund had an AUM of Rs 1.34 crore in February.