Daijiworld Media Network – Mumbai
Mumbai, Nov 11: The Indian mutual fund industry witnessed yet another record-breaking month in October, with Systematic Investment Plan (SIP) inflows climbing to an all-time high of ?29,529 crore, up from Rs 29,361 crore in September, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.
The continued rise in SIP contributions — despite fluctuations in the domestic equity market — underscores the steadfast participation of retail investors, whose disciplined investing helped push the mutual fund industry’s total assets under management (AUM) to Rs 79.87 lakh crore, compared to Rs 75.61 lakh crore a month earlier.
SIP-linked assets stood at Rs 16.25 lac crore, accounting for roughly 20.3% of the total AUM for the month.
“The steady SIP inflows of around Rs 29,500 crore demonstrate the maturity and resilience of India’s retail investors,” said Suranjana Borthakur, Head of Distribution and Strategic Alliances at Mirae Asset Investment Managers (India). “Investors continue to stay focused on long-term wealth creation, undeterred by short-term volatility.”
She added that maintaining SIPs through market cycles remains “the best path to building sustainable wealth over time.”
While the Flexicap category saw higher inflows compared to September, most other equity categories reported moderation, leading to an overall dip in equity inflows.
“The data reflects that investors continue to trust equities but are also diversifying towards debt-oriented schemes such as arbitrage, multi-asset, and corporate bond funds, along with gold investments,” noted Dr. Vikas Gupta, CEO and Chief Investment Strategist at OmniScience Capital.
Meanwhile, gold exchange-traded funds (ETFs) maintained their strong momentum, recording net inflows of Rs 7,743 crore in October. With cumulative inflows reaching Rs 27,573 crore in 2025, gold ETFs have emerged as one of the most resilient segments in the passive investment space.
“Gold continues to serve as a safe-haven and portfolio stabilizer amid ongoing geopolitical tensions, market volatility, and uncertainty over global interest rates,” said Nehal Meshram, Senior Analyst – Manager Research at Morningstar Investment Research India.
The sustained surge in SIP and gold ETF investments highlights a broader investor trend — balancing long-term equity exposure with risk-mitigating assets, reflecting growing financial maturity and confidence among Indian investors.