Mutual fund Systematic Investment Plan (SIP) inflows rose to Rs 31,000 crore in January, marking the second consecutive month in which SIP contributions crossed the Rs 31,000-crore level, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.
In December, SIP inflows stood at Rs 31,002 crore. On a year-on-year basis, SIP inflows increased by 17 per cent, rising from Rs 26,400 crore in January 2025.
AMFI data showed that 7.4 million new SIP accounts were opened during January, while 5.5 million accounts were closed in the same period. As a result, the total number of SIP accounts in the country increased to 102.9 million, up from 101.1 million in December.
Meanwhile, SIP assets under management (AUM) declined to Rs 16.36 lakh crore in January from Rs 16.63 lakh crore in December, largely due to the market correction. SIPs now account for 20.2 per cent of the overall mutual fund industry’s AUM.
The data also showed a sharp rise in investments in gold exchange-traded funds (ETFs), which nearly doubled to Rs 24,039.96 crore in January from Rs 11,647 crore in December, indicating increased investor preference for relatively safer assets amid market volatility.
Investments in active equity mutual funds stood at Rs 24,029 crore in January, a decline of around 14 per cent from Rs 28,054 crore recorded in December. Despite the drop, investor participation in equity mutual funds remained steady.
Equity mutual funds had recorded inflows of Rs 29,911 crore in November, compared to Rs 24,690 crore in October, while July 2025 saw the highest equity inflows at Rs 42,702 crore.
Overall, January proved to be a strong month for the mutual fund industry, with net investments rising to Rs 1.56 lakh crore, significantly higher than Rs 66,591 crore in December, reflecting renewed investor interest in mutual fund investments.
(IANS)
