Equity-oriented open-ended funds saw a decline in net inflows to ₹25,082 crore in March 2025, down 14% from February’s ₹29,303 crore and a sharp 37% drop from January’s ₹39,688 crore. This marks the third consecutive month of slowed inflows, linked to reallocation away from high-risk sectoral/thematic funds. Despite this, FY25 cumulative equity inflows total ₹4.17 lakh crore, up from ₹1.84 lakh crore in FY24. AUM rose to ₹29.5 lakh crore, a 7.5% YoY gain. Analysts observed that investors moved into flexi-cap, multi-cap, small/mid-cap funds, driven by long-term strategy amid volatility. SIP momentum remained strong, hinting at maturing investor habits