Retail investors in India demonstrated unwavering commitment to disciplined investing as mutual fund SIP inflows remained at ₹31,000 crore in January—the second straight month above this threshold after December’s near-identical figure. This represents a solid 17 percent annual growth over last January’s ₹26,400 crore.
According to AMFI, the month welcomed 74 lakh new SIP accounts while witnessing 55 lakh closures, boosting the total to 10.29 crore nationwide. SIP AUM dipped slightly to ₹16.36 lakh crore from ₹16.63 lakh crore, impacted by equity market declines, yet its industry share rose to 20.2 percent.
Notably, gold ETFs saw inflows double to ₹24,039.96 crore, highlighting a shift toward diversified portfolios. Equity mutual funds attracted ₹24,029 crore, down 14 percent sequentially but aligning with patterns seen in October (₹24,690 crore), November (₹29,911 crore), and July’s peak (₹42,702 crore).
The overall mutual fund sector thrived with ₹1.56 lakh crore net investments, a dramatic turnaround from December’s net redemptions. This resurgence points to resilient optimism, with SIPs playing a pivotal role in democratizing wealth creation across urban and rural India alike.