On the other hand, silver ETFs saw an inflow of around 9,463.4 crores, taking the AUM to Rs 1.16 trillion during the reporting month.
Announcing the monthly data for January, Amfi chief executive Venkat Chalasani told reporters Tuesday that “the January data reflects a broadly steady trend in the industry despite ongoing global uncertainties and short-term market volatility. While the industry’s net AUM crossed Rs 81 trillion (Rs 81,01,305.58 crore), up from Rs 80,23,378.99 crore in December, average AUM for the reporting month crossed the Rs 82 trillion mark at Rs 82,01,174.62 crore.”
The industry as a whole returned to net inflows in January, with total flows turning positive at Rs 1.56 trillion, mainly led by debt schemes, which recorded net inflows of Rs 74,827 crore after seeing heavy withdrawals in December.
Despite two months of fall, he said equity inflows remained positive for the 59th consecutive month, while SIP contributions stayed largely stable, indicating continued investor participation and crossed the Rs 31,000 mark.
Folios rose to 26,63,13,561 with 50.6 lakh net folios being added during the month. Folios in stood at 26,12,53,836 in December, he said, adding of the total folios, retail folios were 20,43,09,553 as against 20,27,86,198 in December and the retail AUM stood at Rs 46,48,915 crore.
SIP assets stood at Rs 16.36 trillion in January 2026, accounting for 20.2% of total mutual fund assets and the inflows into SIPs was muted at Rs 31,002.33 crore, up from Rs 31,002 crore in the previous month.
A total of 12 schemes were launched in the month all open-ended and across categories, raising a total of Rs 1,939 crore, he said.
Commenting on the numbers, Anand Vardarajan, chief business officer at Tata Asset Management, said “precious metals continued to shine in the month with inflows into gold ETFs doubling in January over December, taking the year to date numbers to around Rs 61,000 crore.: