A mycofloristic survey during surveyed 2007-2010 for micro- and macro-fungi revealed the association of 131 fungal species of which 96 were microfungi and 35 being macro-fungi.. Amongst various substrates or habitats surveyed, litter was colonized by 65 fungal species belonging to the Anamorphic group (Hyphomycetes). It was followed by humid soil and fallen leaves which were colonized by 18 and 17 fungal species, respectively. Humid soils supported mainlyhigher fungi while fallen leaves were colonized by Anamorphic fungi. Dead and dried wood and fruits were colonized by 14 and 10 fungal species, respectively. Dead wood supported only macro-fungi while fallen fruits were colonized with micro-fungi. Bark (3), water (2), and Dung (2) were colonized by the least number of fungal species Thirty-four fungi were cultured, while the remaining could not be cultured. Sixty-five species were found colonizing litter, whereas the rest were associated with other habitats of Bhadrachalam forest. Anamorphic fungi dominated the mycofloristics..The above data clearly indicates that there is a vast potential of unexplored tropical fungi in India.