Monthly investments through systematic investment plans (SIPs) in mutual funds fell to a three-month low of ₹25,999 crore in February due to increased market volatility.
In January, SIP inflows stood at ₹26,400 crore, slightly lower than December’s ₹26,459 crore. Despite the dip, the decline is not significant, partly because February is a shorter month, said Suranjana Borthakur from Mirae Asset Investment Managers, citing AMFI data.
Equity mutual fund inflows also saw a sharp 26% drop from the previous month, reaching ₹29,303.34 crore in February, according to the Association of Mutual Funds of India (AMFI).
As of February 2025, the number of SIP accounts stood at 10.16 crore. During the month, 44.56 lakh new SIP accounts were opened, while 54.70 lakh were discontinued. A total of 8.26 crore accounts contributed to the ₹25,999 crore SIP inflow in February, slightly down from 8.34 crore accounts investing ₹26,400 crore in January.
Total assets under management (AUM) through SIPs declined to ₹12.38 lakh crore in February from ₹13.20 lakh crore in January due to mark-to-market (MTM) losses. However, SIP assets as a percentage of the mutual fund industry’s total AUM remained stable at 19.2%.
Despite short-term market challenges, investor confidence remains strong, with continued inflows indicating a cautious yet steady approach, said Nehal Meshram of Morningstar Investment Research India.
SIPs remain a preferred investment tool for retail investors, promoting disciplined investing without the need to time the market. Over the past decade, SIP investments have grown significantly, rising from ₹8,513 crore in February 2020 to nearly ₹26,000 crore in February 2025—more than tripling in five years.
