March SIP inflow cools off marginally, but stays strong at Rs 25,926 crore

SIP inflows into mutual funds stood at Rs 25,999 crore in February.

The monthly inflow through the Systematic Investment Plan (SIP) route into mutual funds marginally fell to a four-month low of Rs 25,926 crore in March, despite equity markets staging a recovery, latest data from AMFI has showed on April 11.

The SIP inflow into mutual funds had stood at Rs 25,999 crore in February, during a deep market selloff due to tariff-related uncertainties.

According to AMFI, 51 lakh SIP accounts were closed during March as against 40 lakh SIP accounts opening, further showing that the SIP stoppage ratio has been steadily rising over the last one year.

The SIP stoppage ratio had hit a record high of 122 percent in February, indicating that the share of discontinued or expired SIPs are increasing at a faster pace compared to new SIP registrations.

As per AMFI, the total number of contributing SIP accounts stood at 8.11 crore at the end of March 2025 against 8.26 crore in February. In January, 8.34 crore accounts had contributed towards Rs 26,400 crore worth of SIP inflows.

Total assets under management (AUM) under SIP accounts stood at Rs 13.35 lakh crore as of March 2025.

However, the latest data showed that SIPs have continued to be an instrument of choice, allowing retail investors not to time the market and invest regularly in a disciplined manner.

"Sustained SIP contributions above Rs 25,000 crore reflects a maturing investor mindset focused on long-term goals. In times like these, maintaining discipline, staying invested, and relying on diversified solutions like hybrid products can truly help investors ride through volatility while staying aligned with their financial objectives," said Suranjana Borthakhur, Head of Distribution & Strategic Alliances, Mirae Asset Investment Managers (India).

SIPs have experienced substantial growth in India over the past decade, reflecting a significant shift in individual investment behaviour. From Rs 8,513 crore in February 2020 to around Rs 26,000 crore in February 2025, SIP monthly investments have jumped more than three times during this period.

Meanwhile, net inflows into equity mutual funds fell 14 percent over the last month to Rs 25,082.01 crore in March, data released by AMFI showed.