The surge in SIP inflows comes alongside a broader rally in mutual fund investments. Equity-oriented mutual funds saw record net inflows of ₹42,672 crore in July, up from ₹23,568 crore in June, supported by robust New Fund Offer (NFO) collections of ₹30,416 crore from 30 schemes — the highest monthly mobilisation on record.
Investor interest continued to tilt towards mid- and small-cap categories, with inflows of ₹5,182.5 crore and ₹6,484.4 crore, respectively, compared with ₹2,125 crore in large-cap funds. Multi-asset allocation funds (MAAFs) also saw record inflows of nearly ₹6,200 crore as investors sought diversification.
Among equity categories, sectoral/thematic funds led with ₹9,426 crore in net inflows, aided by seven new scheme launches that mobilised ₹7,404 crore. Flexi-cap funds followed with ₹7,654 crore, while large & mid-cap funds attracted ₹5,035 crore. ELSS funds were the only equity category to see net outflows, at ₹368 crore.
According to Rohit Sarin, Co-Founder of Client Associates, SIPs have become a core driver of mutual fund equity inflows, replacing traditional post office savings schemes as a preferred vehicle for systematic wealth creation across urban and rural India. He noted that SIP contributions have shown “remarkable resilience,” maintaining an upward trajectory regardless of short-term market volatility, and that penetration in Tier-II and Tier-III cities has expanded significantly.
Industry data also shows a structural shift in investor behaviour, with over 61.91 lakh new SIP accounts registered in June 2025 and total outstanding accounts at 919.32 lakh. SIP assets under management stood at ₹15.30 lakh crore in June, accounting for about 20% of the mutual fund industry’s total AUM.
Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India, said the steady SIP momentum is supported by strong corporate earnings, a stable macroeconomic backdrop, and expectations of gradual monetary easing.