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SIP inflows hit record Rs 32,490 crore in September
The Indian Express··12h ago
Monthly SIP contributions reached a record Rs 32,490 crore in September, according to Association of Mutual Funds in India data released on Monday. The figure was Rs 32,297 crore in August. Equity funds drew Rs 38,307 crore, up 31 percent from August. Industry assets under management fell 5 percent month-on-month to Rs 82.64 lakh crore.
Prism
What It Means For You
- AMFI chief Venkat Chalasani said the government has clarified there will be no charges on SIPs registered through UPI.
- Chalasani said the industry has asked for an exemption from charges on lump-sum investments made through UPI.
- Chalasani said equity funds are long-term tools, with averaging during market weakness and compounding over several years, and not suited to a 1-2 year time frame.
What's Happening
- Small-cap fund inflows jumped 13 percent to a record Rs 9,039 crore. Mid-cap funds rose 12 percent to Rs 7,835 crore.
- Large-cap funds turned positive at Rs 859 crore. ETF inflows jumped 53 percent from the previous month to Rs 15,501 crore.
- Debt funds saw outflows of Rs 1.8 lakh crore, leading to an overall outflow of Rs 1.3 lakh crore from the mutual fund industry.
The Market Backdrop
- The benchmark Sensex is down around 16 percent so far in 2026. The Nifty Smallcap 250 is up 6 percent and the Nifty Midcap 150 is down 3 percent.
- Gold ETF inflows jumped 71 percent to Rs 4,451 crore. Silver ETFs gained 55 percent to Rs 1,974 crore and equity ETFs rose 38 percent to Rs 9,960 crore.
- Debt funds are mostly used by institutions to park excess money. At quarter end, institutions often pay taxes, balance books and manage short-term liquidity gaps.
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