Mutual fund Systematic Investment Plan (SIP) inflows reached Rs 31,000 crore in January, marking the second consecutive month at this level, as per data from the Association of Mutual Funds in India (AMFI). In December, SIP inflows were at Rs 31,002 crore. This January, SIP inflows saw a 17% year-on-year increase from Rs 26,400 crore in January 2025.
7.4 million new SIP accounts were opened in January, according to AMFI data, while 5.5 million SIP accounts were closed during the same period. The total number of SIP accounts in the country rose to 102.9 million in January, up from 101.1 million in December.
SIP assets under management (AUM) decreased to Rs 16.36 lakh crore in January from Rs 16.63 lakh crore in December, attributed to market decline. SIPs now account for 20.2% of the overall mutual fund industry’s AUM.
Investments in gold ETFs doubled to Rs 24,039.96 crore in January from Rs 11,647 crore in December, indicating a preference for safe investments like gold alongside the stock market. Active equity mutual fund investments in January were at Rs 24,029 crore, down by about 14% from Rs 28,054 crore in December, showing continued investor confidence in the mutual fund industry.
Equity funds saw an inflow of Rs 29,911 crore in November, compared to Rs 24,690 crore in October. The highest inflow for equity funds was in July 2025 at Rs 42,702 crore. January saw a positive trend for the mutual fund industry with net investments totaling Rs 1.56 lakh crore, a significant increase from Rs 66,591 crore in December, indicating a renewed interest in mutual funds by investors.
