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Key Points

India's mutual fund sector experienced remarkable growth in July with record-breaking SIP contributions. Investors showed strong preference for mid and small-cap funds, driving significant net inflows across equity categories. The mutual fund industry's assets under management climbed to Rs 75.36 lakh crore, indicating robust investor confidence. This marks the 53rd consecutive month of positive equity fund flows, highlighting the growing retail investment landscape.

Key Points: Record Rs 28,464 Crore SIP Inflows Boost Mutual Fund Growth

  • SIP contributions reached unprecedented Rs 28,464 crore in July
  • Equity-oriented funds saw record net inflows of Rs 42,672 crore
  • Mid and small-cap funds attracted highest investor preference
  • Mutual fund industry AUM rises to Rs 75.36 lakh crore
2 min read

SIP inflows hit all-time high of Rs 28,464 crore in July: AMFI

Indian mutual funds hit all-time SIP high in July, with strong equity participation and record net inflows across multiple fund categories

"Equity funds have seen positive flows for 53 consecutive months - AMFI Data Report"

New Delhi, Aug 11

Systematic Investment Plan (SIP) contributions climbed to an all-time high of Rs 28,464 crore in July, data from the Association of Mutual Funds in India (AMFI) showed on Monday. This is the second consecutive month of record SIP inflows, following the Rs 27,000-crore mark breached in June.

Strong overall participation in equity-oriented mutual funds saw record net inflows of Rs 42,672 crore in July — nearly twice the Rs 23,568 crore recorded in June, buoyed by the spike in SIP investments.

Strong New Fund Offer (NFO) collections of Rs 30,416 crore from 30 schemes—the highest monthly mobilisation on record—supported the boost.

The preference of investors remained in favour of mid- and small-cap funds, which attracted inflows of Rs 5,182.5 crore and Rs 6,484.4 crore, respectively, surpassing the Rs 2,125 crore drawn by large-cap funds.

According to the data, with net inflows of Rs 9,426 crore, sectoral/thematic funds led the equity categories.

This was made possible by the launch of seven new schemes, which collectively raised Rs 7,404 crore. Large and mid-cap funds brought in Rs 5,035 crore, while flexi-cap funds came in second with Rs 7,654 crore. At Rs 368 crore, the only equity category to experience net outflows was equity-linked savings plans (ELSS).

Meanwhile, the mutual fund industry's net assets under management (AUM) increased to Rs 75.36 lakh crore. The AUM stood at Rs 74.40 lakh crore in June and Rs 72.19 lakh crore in May.

Equity funds have seen positive flows for 53 consecutive months, with July inflows being broad-based across most categories. Retail participation saw growth, with total mutual fund folios rising to 24.57 crore in July from 24.13 crore in June.

Gold ETFs recorded inflows of Rs 1,256 crore in July vs Rs 2,080.9 crore in June. Other ETFs saw inflows of Rs 4,476 crore from Rs 844 crore in June.

Open-ended debt funds posted net inflows of Rs 1,06,801 crore in July. Liquid Funds saw inflow of Rs 39,354 crore vs outflow of Rs 25,196 crore in June, according to the AMFI data.

- IANS

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Reader Comments

P
Priya S
While the numbers look impressive, I'm concerned about so much money flowing into mid and small caps. These are volatile segments - retail investors might get burned if markets correct. SEBI should educate people more about risks.
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Aman W
Mutual funds sahi hai! 😄 Started my first SIP last year after my CA friend explained how it works better than FD. Now I tell all my friends to start with at least ₹1000/month. Small steps lead to big wealth creation.
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Sarah B
Interesting to see gold ETF inflows declining while equity funds surge. Indians are finally moving from traditional assets to modern investment tools. Though I still keep 10% in gold for diversification.
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Karthik V
The real story is 24.57 crore folios! That's nearly 1 in 5 Indians investing in mutual funds now. Financial inclusion is happening right before our eyes. Proud moment for our economy 🇮🇳
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Nisha Z
I wish AMFI would break down data by age groups and cities. Would be interesting to see how many young professionals vs retirees are investing, and urban vs rural participation. More transparency would help.

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