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Total SIF AUM up 30% MoM to Rs 23,177 crore in July 2026 from Rs 17,858 crore in June 2026

Hybrid Investment Strategies continued to dominate, accounting for 71% of total SIF AUM at Rs 16,524 crore in July

Hybrid Long-Short Funds remained the largest strategy, with AUM rising 29% MoM to Rs 15,374 crore from Rs 11,910 crore in June

Equity-Oriented Investment Strategies saw AUM rise 32% MoM to Rs 6,654 crore from Rs 5,036 crore in June

According to the ValueMetrics Mutual Fund & SIF Flow Meter (August 2026), Hybrid Long-Short Funds continued to dominate the Specialised Investment Funds (SIF) landscape, contributing 66% of the total SIF AUM as of 31 July 2026, amounting to Rs 15,374 crore, with an average folio size of Rs 36.9 lakh. This compares with Rs 11,910 crore and a 67% share in June.

Overall, Hybrid Investment Strategies accounted for 71% of the total SIF AUM at Rs 16,524 crore in July, up from Rs 12,822 crore and a 72% share in June. The category had an average folio size of Rs 34.1 lakh, compared with Rs 32.7 lakh in June.

Equity-Oriented Investment Strategies contributed 29% of the total SIF AUM, amounting to Rs 6,654 crore, up from Rs 5,036 crore in June. The category's average folio size stood at Rs 14.4 lakh, compared with Rs 14.1 lakh in June.

Total SIF AUM stood at Rs 23,177 crore as of 31 July 2026, with 94,447 folios, taking the investor base close to the 1 lakh mark. The average folio size stood at Rs 24.5 lakh, compared with Rs 17,858 crore in AUM and an average folio size of Rs 23.8 lakh in June.

Commenting on the SIF trends, Manuj Jain, Co-founder ValueMetrics Technologies, said: “The equity market has remained quite volatile over the last two quarters, creating a conducive environment for the long-short and other market-neutral strategies deployed by several SIFs. At the same time, more AMCs are launching SIF NFOs, increasing investor awareness and providing greater choice. While a recovery in markets may moderate some of the relative appeal of long-short strategies, we believe the demand for SIFs can sustain as investors increasingly seek differentiated strategies beyond traditional long-only products.”

Overall SIF — Month on Month
Total SIF inflows stood at Rs 4,922 crore in July 2026, a sharp 30% increase over Rs 3,782 crore recorded in June 2026. Since October 2024, cumulative SIF inflows have reached Rs 22,328 crore.

Hybrid Long-Short Funds received Rs 3,258 crore in July 2026, a robust 59% increase from Rs 2,043 crore in June 2026. Since October 2024, Hybrid Long-Short Funds have attracted cumulative inflows of Rs 14,827 crore, accounting for 66% of total SIF inflows, the highest among all investment strategies.

Equity-Oriented Investment Strategies received Rs 1,454 crore in July 2026, an increase of 33% over Rs 1,097 crore in June 2026. Since October 2024, cumulative inflows into Equity-Oriented Strategies have reached Rs 6,392 crore, contributing 29% of total SIF inflows.

Overall, the mutual fund industry continued to witness healthy investor participation in July 2026. Total mutual fund AUM increased to Rs 85.8 lakh crore, while net inflows into Active Equity and Hybrid Funds stood at approximately Rs 30,000 crore, supported by sustained retail participation through SIPs and continued interest in equity-oriented investment products.

Gold ETFs, meanwhile, saw net inflows of Rs 1,559 crore in July 2026, down 55% from Rs 3,443 crore in June. This followed a sharp turnaround in June, when Gold ETFs reversed Rs 725 crore of net outflows in May. The moderation in July suggests some cooling in fresh allocations to gold ETFs after the strong buying seen earlier in the year.

SIP contributions touched Rs 31,961 crore in July 2026, rising marginally from Rs 31,961 crore in June, while SIP AUM rose to Rs 18.20 lakh crore, up 2.8% MoM. The month also witnessed an increase in outstanding SIP accounts to 10.63 crore and a sharp improvement in net new SIP registrations, reflecting sustained retail participation despite market volatility.

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