In October, 45.10 lakh SIPs were discontinued or completed, while new SIP registrations rose to 60.25 lakh. In comparison, September saw 44.03 lakh SIPs discontinued or completed and 57.73 lakh new registrations.
“The addition of 40 lakh new folios and a 45% year-on-year jump in new SIP registrations to Rs 29,631 crore highlight growing investor discipline and broad-based retail participation,” said Kartik Jain, MD & CEO, Shriram AMC.
Also Read | Large, mid, and small-cap funds see decline in inflows in October. Is investor sentiment cooling?
Another expert, Ankur Punj, MD & Business Head, Equirus Wealth, said, “SIP inflows continue to remain resilient, with annualised contributions surging 45% year-on-year this fiscal. As of October, SIP assets account for nearly 20% of the industry’s AUM, and investor appetite for long-term systematic investing continues to rise. SIP inflows will play an even larger role as retail participation expands.”
In October, the total number of outstanding SIP accounts stood at 987.88 lakh, up from 972.74 lakh in September, while the number of contributing SIP accounts was recorded at 945.20 lakh.
What is the SIP stoppage ratio?
The SIP stoppage ratio measures the number of discontinued SIPs relative to newly registered SIPs. A ratio above 100% indicates that more SIPs are being stopped than started.However, it’s important to note that the stoppage ratio also includes SIPs that have naturally expired. Additionally, investors may have switched from one SIP to another as part of portfolio restructuring.
The SIP AUM stood at Rs 16,25,304.94 crore in October 2025, accounting for 20.3% of the total mutual fund industry’s assets.
“The SIP book, which reflects core retail participation in Indian mutual funds, remains very much intact and stands at over Rs 25,000 crore,” said Sandeep Bagla, CEO, TRUST Mutual Fund.
Also Read | PPFAS Mutual Fund wants to launch large cap fund. Neil Parikh explains why
Retail mutual fund folios (Equity + Hybrid + Solution Oriented Schemes) stood at 19,98,07,323 in October 2025, up from 19,80,54,156 in September 2025. Retail AUM across these schemes reached Rs 46,48,599 crore for the month.
“The mutual fund industry has continued to demonstrate resilience and growth, with assets under management reaching new heights. The surge in inflows across various asset classes reflects the trust and confidence investors have placed in us,” said Venkat N Chalasani, Chief Executive, AMFI.
Overall, industry AUM hit an all-time high of Rs 79.9 lakh crore in October 2025, driven by strong retail participation and record SIP inflows of Rs 29,529 crore from over 9.45 crore contributing accounts. Equity inflows remained robust at Rs 24,690 crore, marking the 56th consecutive month of positive flows.
Also Read | HDFC Defence Fund increase stake in Bharat Forge, Eicher Motors and 1 other, trims exposure in 4 stocks in October
“The demand for gold and silver exchange-traded funds (ETFs) underscores investors’ desire to diversify portfolios and hedge against market volatility. At the same time, the growing adoption of SIPs reflects increasing financial discipline, long-term investing habits, and trust in the mutual fund ecosystem,” added Chalasani.
as a Reliable and Trusted News Source