Mumbai- Systematic Investment Plan (SIP) inflows into mutual funds touched Rs 31,000 crore in January, marking the second consecutive month that contributions crossed the Rs 31,000 crore mark, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.
In December, SIP inflows stood at Rs 31,002 crore. On a year-on-year basis, SIP investments grew by 17 per cent, rising from Rs 26,400 crore recorded in January 2025.
The AMFI data also revealed that 7.4 million new SIP accounts were opened during January, while 5.5 million accounts were closed in the same period. As a result, the total number of SIP accounts increased to 102.9 million, compared to 101.1 million in December.
Despite strong inflows, SIP assets under management (AUM) declined to Rs 16.36 lakh crore in January from Rs 16.63 lakh crore in December, mainly due to market downturns. SIPs currently contribute 20.2 per cent to the overall AUM of the mutual fund industry.
The data further showed a significant rise in investments in gold Exchange-Traded Funds (ETFs), which nearly doubled to Rs 24,039.96 crore in January from Rs 11,647 crore in December. This trend suggests that investors are increasingly allocating funds towards relatively safer investment options such as gold alongside equity markets.
Meanwhile, investments in active equity mutual funds stood at Rs 24,029 crore in January, reflecting a decline of nearly 14 per cent from Rs 28,054 crore in December. However, overall investor participation in mutual funds remained steady. Earlier, equity funds had recorded inflows of Rs 29,911 crore in November and Rs 24,690 crore in October, while July 2025 witnessed the highest inflow of Rs 42,702 crore.
Overall, January turned out to be a positive month for the mutual fund industry, with net investments reaching Rs 1.56 lakh crore, a sharp increase from Rs 66,591 crore recorded in December, indicating renewed investor interest in mutual funds.
With inputs from IANS