Mutual fund SIP stoppage ratio slows down to 63% in July despite weak market cues

The mutual fund SIP stoppage ratio fell to 62.66% in July, down from 77.77% in June and 51.40% in July 2024, indicating that new SIP registrations outpaced those discontinued or matured. This improvement came despite weak market sentiment, with the Nifty sliding nearly 3% during the month.

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“SIP contributions hit a new record of Rs 28,464 crore, and contributing accounts grew 5.4% to 9.11 crore — clear evidence of disciplined investing even amid volatility. AMFI remains committed to investor education and fostering a transparent, well-regulated ecosystem that supports long-term wealth creation,” said Venkat N Chalasani, Chief Executive, AMFI.


In July, the total number of outstanding SIP accounts was recorded at 944.97 lakh. The number of contributing SIP accounts was recorded at 911.18 lakh, reaching an all-time high level in July. The SIP contribution was recorded at Rs 28,464 crore in the said period.

What is the SIP stoppage ratio?

The SIP stoppage ratio is the number of discontinued SIPs compared to the number of new registered SIPs. If this ratio crosses 100% then it indicates that more mutual fund SIPs are being stopped than the ones started.

However, one must keep in mind that the stoppage ratio also includes those SIPs that have expired. Besides, investors may have simply switched from one SIP to another as part of their portfolio reshuffle.

The retail mutual fund folios (Equity + Hybrid + Solution Oriented Schemes) are at 19,41,95,038 for the month of July 2025 as against 19,07,05,687 in June 2025. The retail AUM (Equity + Hybrid + Solution Oriented Schemes) stood at Rs 43,90,919 crore for July 2025, while the May 2025 AUM was Rs 43,99,405 crore.

The SIP AUM is at Rs 15.19 lakh crore for the month of July 2025 against 15.30 lakh crore in June.

Mutual fund folios are at 24,57,24,339 as of July 2025 against 24,13,44,556 in June. The AAUM for the month of July 2025 is Rs 77,00,420.46 crore.

SIP flows have demonstrated remarkable resilience, maintaining their upward trajectory independent of short-term market movements. The 61.91 lakh new SIP accounts registered in June 2025 alone reflects a structural shift in Indian household savings behavior,” said Rohit Sarin Co Founder – Client Associates - India's Largest Multi-Family Wealth Management Firm.

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“Unlike episodic lump-sum investments that fluctuate with market sentiment, SIP contributions have maintained their secular growth pattern, with total outstanding SIP accounts reaching 919.32 lakh by June 2025, indicating that Indian investors now view equity markets as a legitimate long-term wealth creation avenue rather than a speculative instrument,” he added.

“The surging popularity of passive instruments and sustained SIP inflows signal a structural shift toward cost-efficient, long-term investing strategies. Expect continued momentum, especially among seasoned retail investors,” said Ankur Punj MD and National Head Equirus Wealth.