SIP contribution at all-time high of Rs 19,271 crore in March

The SIP AUM was recorded at its highest ever at Rs 10,71,665.63 crore for March as compared to Rs 10,52,566.04 crore for February. The SIP contribution stood at an all-time high of Rs 19,270.96 crore in March as against Rs 19,186.58 crore in February.

The number of new SIPs registered in March was at 42,87,117. SIP contribution stood at an all-time high of Rs 19,270.96 crores in March as against Rs 19,186.58 crores in February.

The mutual fund folios were also at an all-time high in March and were registered at 17,78,56,760. Retail mutual fund folios (Equity + Hybrid + Solution Oriented Schemes) were also at an all-time high of 14,24,42,823 for the month of March as compared to 13,94,91,744 for February.


The retail AUM (Equity + Hybrid + Solution Oriented Schemes) stood at Rs 31,20,006 crores for March with an average AUM of Rs 31,18,039 crore.

The number of SIP accounts also stood at the highest ever 8,39,71,299 in March as compared to 8,20,17,700 in February.

"As the fiscal year draws to a close, the investor confidence in Mutual Funds continues. This is reflected by the SIP accounts hitting a record high of 8,39,71,299 with 42,87,117 new registrations. The SIP AUM stands at ₹10,71,665.63 crores, surpassing February's figures. This underscores investors' unwavering commitment to disciplined wealth accumulation,” said Venkat Chalasani, Chief Executive, AMFI.

He added, “Noteworthy is the continuous positive equity inflow for 37 months in a row. Mutual funds witnessed a record asset gain of ~Rs 14 lakh crore in FY24, marking a 35% rise, the highest since FY21.”

“These trends highlight investor evolution towards financial literacy and collaborative efforts in promoting intelligent investment practices, reflecting the mutual fund industry's steady growth and lasting significance," he further added.