The record SIP inflow came even as net inflows into equity-oriented mutual fund schemes moderated marginally during the month. Equity funds recorded net inflows of ₹28,035 crore in December compared with ₹29,894 crore in November, AMFI data showed.
Commenting on the trend, Himanshu Srivastava, Principal Research at Morningstar Investment Research India, said equity fund flows in December pointed to a phase of consolidation rather than a shift in investor sentiment, with flows remaining resilient despite intermittent market volatility. He added that steady SIP contributions continued to support overall equity participation.
Srivastava noted that some moderation in flows was visible in mid-cap and small-cap categories following a strong run-up in valuations, alongside periods of market correction. According to him, investors appeared to be adopting a more selective and disciplined approach, balancing return expectations with valuation comfort.
Feroze Azeez, Joint CEO, Anand Rathi Wealth, said that investors have consistently used market corrections as opportunities to invest more.
“The data reflects a more mature investor mindset that responds to volatility with balance, uses corrections constructively, and stays focused on long-term wealth creation,” he said.