Business

Record-Breaking SIP Inflows in June Signal Renewed Retail Investor Confidence Amid Market Stability

Retail Investors Drive SIP Inflows to New Heights

In an encouraging sign for the mutual fund industry, June witnessed a remarkable surge in Systematic Investment Plan (SIP) inflows, reaching an unprecedented Rs 27,269 crore. This marks a 2.2% increase from the previous month, breaking a seven-month stagnation phase where inflows hovered around the Rs 26,000 crore mark.

SIPs hit new high in June as D-Street uncertainty eases

Industry AUM and SIP Accounts Reach All-Time Highs

The mutual fund industry's total assets under management (AUM) also scaled new peaks, standing at Rs 74.8 lakh crore. Highlighting the growing trust among retail investors, the number of contributing SIP accounts soared to 8.64 crore, a testament to the disciplined investment approach favored by individuals.

Equity and Hybrid Funds Witness Robust Inflows

June marked the 52nd consecutive month of positive flows into equity funds, with net inflows amounting to Rs 23,587 crore. Amid market volatility, a noticeable shift towards hybrid and arbitrage funds underscores a maturing investor preference for balanced risk strategies.

Small- and Mid-Cap Funds Outperform

The month also saw small- and mid-cap funds continuing to attract more inflows than their large-cap counterparts. Additionally, gold ETFs drew nearly Rs 2,000 crore, reflecting investors' interest in diversification and the metal's performance.