In 2025, the Indian Mutual Fund continued to reduce its holdings of government bonds, setting an annual bond sell-off record. In 2025, this type of fund had a net sale of INR 796 billion in bonds in the secondary market. The Indian Mutual Fund was a net buyer of bonds in 2023 and 2024, and a net seller in 2022.

In 2025, the Indian Mutual Fund continued to reduce its holdings of government bonds, setting an annual bond sell-off record. In 2025, this type of fund had a net sale of INR 796 billion in bonds in the secondary market. The Indian Mutual Fund was a net buyer of bonds in 2023 and 2024, and a net seller in 2022.