Industry executives said SIPs continue to be the most preferred route for investors to enter equity markets.
Akhil Chaturvedi, Chief Business Officer and Executive Director at Motilal Oswal AMC, noted that SIP inflows have been witnessing consistent incremental growth. He added that the industry could see an additional ₹1,000–1,500 crore in net monthly flows as more retail investors opt for systematic investing.
Overall, equity mutual funds recorded net inflows of ₹33,417 crore in August, extending their positive streak for the 54th consecutive month.
Total assets under management (AUM) stood at ₹75.18 lakh crore in August compared with ₹75.35 lakh crore in the previous month.
Large-cap funds saw inflows of ₹2,835 crore in August, up from ₹2,125 crore in July. Mid-cap funds registered inflows of ₹5,331 crore versus ₹5,182 crore a month ago.
Small-cap funds, however, saw lower inflows of ₹4,993 crore compared with ₹6,484 crore in July.
Among debt schemes, liquid funds reported outflows of ₹13,350.06 crore in August, against inflows of ₹39,355 crore in July. Corporate bond funds saw outflows of ₹825 crore, compared with inflows of ₹1,421.6 crore last month. Credit risk funds recorded outflows of ₹244 crore versus ₹271.5 crore in July. Dividend yield funds registered outflows of ₹175 crore compared with inflows of ₹97 crore in the previous month.