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Systematic Investment Plan (SIP) contributions touched an all-time high of ₹28,464 crore in July 2025, according to data from the Association of Mutual Funds in India (AMFI). This marks the second consecutive month of record
flows, after crossing ₹27,000 crore in June.
The surge in SIP inflows comes alongside a broader rally in mutual fund investments.Equity-oriented mutual funds saw record net inflows of ₹42,672 crore in July, up from ₹23,568 crore in June, supported by robust New Fund Offer (NFO) collections of ₹30,416 crore from 30 schemes — the highest monthly mobilisation on record.
Investor interest continued to tilt towards mid- and small-cap categories, with inflows of ₹5,182.5 crore and ₹6,484.4 crore, respectively, compared
with ₹2,125 crore in large-cap funds. Multi-asset allocation funds (MAAFs) also saw record inflows of nearly ₹6,200 crore as investors sought diversification.
Among equity categories, sectoral/thematic funds led with ₹9,426 crore in net inflows, aided by seven new scheme launches that mobilised ₹7,404 crore. Flexi-cap funds followed with ₹7,654 crore, while large & mid-cap funds attracted ₹5,035 crore. ELSS funds were the only equity category to see net outflows, at ₹368 crore.
Rohit Sarin, Co-Founder of Client Associates, SIPs have become a core driver of mutual fund equity inflows, replacing traditional post office savings schemes as a preferred vehicle for systematic wealth creation across urban and rural India. He noted that SIP contributions have shown “remarkable resilience,” maintaining an upward trajectory regardless of short-term market volatility, and that penetration in Tier-II and Tier-III cities has expanded significantly.
structural shift in investor behaviour, with over 61.91 lakh new SIP accounts registered in June 2025 and total outstanding accounts at 919.32 lakh. SIP assets under management stood at ₹15.30 lakh crore in June, accounting for about 20% of the mutual fund industry’s total AUM.
Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India, said the steady SIP momentum is supported by strong corporate earnings, a stable macroeconomic backdrop, and expectations of gradual monetary easing.
The surge in SIP inflows comes alongside a broader rally in mutual fund investments.Equity-oriented mutual funds saw record net inflows of ₹42,672 crore in July, up from ₹23,568 crore in June, supported by robust New Fund Offer (NFO) collections of ₹30,416 crore from 30 schemes — the highest monthly mobilisation on record.
Investor interest continued to tilt towards mid- and small-cap categories, with inflows of ₹5,182.5 crore and ₹6,484.4 crore, respectively, compared
Among equity categories, sectoral/thematic funds led with ₹9,426 crore in net inflows, aided by seven new scheme launches that mobilised ₹7,404 crore. Flexi-cap funds followed with ₹7,654 crore, while large & mid-cap funds attracted ₹5,035 crore. ELSS funds were the only equity category to see net outflows, at ₹368 crore.
According to
Industry data also shows a
Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India, said the steady SIP momentum is supported by strong corporate earnings, a stable macroeconomic backdrop, and expectations of gradual monetary easing.
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