3 weeks ago
Mutual fund SIP inflows surge 12% to Rs 31,961 crore
Many people in India save money every month through something called a Systematic Investment Plan, or SIP for short.
This money goes into mutual funds, which are big pools of money managed by experts.
In July, people put in even more money through SIPs than they did a year ago.
The total came to Rs 31,961 crore, which is 12.28% more than last year.
Compared to June, the increase was smaller, only about half a percent.
The whole mutual fund industry took in a lot of new money in July, after losing money in June.
Money that goes into small-company funds grew the fastest.
Because of all this money coming in, the total value of money managed by mutual funds went up to Rs 85.76 lakh crore.
The number of people investing in mutual funds also grew.
This shows that regular people in India are still excited about investing their savings.
SIP contributions into mutual funds rose 12.28% year-on-year to Rs 31,961 crore in July from Rs 28,464 crore a year ago, per AMFI data.
On a month-on-month basis, SIP inflows rose 0.57% from Rs 31,781 crore in June.
The mutual fund industry recorded a net inflow of Rs 2,35,902.39 crore in July, reversing June's net outflow of Rs 52,948.78 crore.
Small-cap funds led equity categories with net inflows jumping 38.66% month-on-month to Rs 7,767.50 crore.
Total mutual fund industry AUM rose about 4.3% to Rs 85.76 lakh crore as of July 31, with folios climbing to 28.09 crore.
- Who
- Indian retail investors contributing through Systematic Investment Plans (SIPs), with data released by the Association of Mutual Funds in India (AMFI).
- What
- SIP inflows rose 12.28% year-on-year to Rs 31,961 crore in July, and the mutual fund industry recorded a net inflow of Rs 2,35,902.39 crore with total AUM reaching Rs 85.76 lakh crore.
- Where
- India, with data released in New Delhi.
- When
- July, with AMFI data released on Tuesday.
- Why
- Continued retail investor participation in financial markets.
Key facts
- SIP inflows (July)
- Rs 31,961 crore
- SIP inflows year-on-year growth
- 12.28% (from Rs 28,464 crore)
- SIP inflows (June)
- Rs 31,781 crore
- Industry net inflow (July)
- Rs 2,35,902.39 crore
- Industry net flow (June)
- Outflow of Rs 52,948.78 crore
- Total mutual fund AUM (July 31)
- Rs 85.76 lakh crore
- Small-cap fund net inflows
- Rs 7,767.50 crore (up 38.66% MoM)
- Mutual fund folios (July)
- 28.09 crore











