India’s mutual fund industry saw record Systematic Investment Plan (SIP) contributions in April 2025, with total inflows reaching ₹26,632 crore, the highest ever for a single month, according to data released by the Association of Mutual Funds in India (AMFI).
In a move aimed at cleaning up inactive accounts, AMFI also reported that between 95 lakh to 1 crore SIP accounts were closed during the month. Despite this, the total number of contributing SIP accounts remained strong, with 8.38 crore active accounts continuing to support the surge in monthly contributions.
In a move aimed at cleaning up inactive accounts, AMFI also reported that between 95 lakh to 1 crore SIP accounts were closed during the month. Despite this, the total number of contributing SIP accounts remained strong, with 8.38 crore active accounts continuing to support the surge in monthly contributions.
In April 2025, net inflows into India’s equity mutual funds moderated, falling by 3.2% month-on-month to ₹24,253 crore, compared to ₹25,017 crore in March. This drop, which is equivalent to nearly $3 billion, marks the lowest level of inflows since April 2024, continuing a downward trend for the fourth consecutive month.
Despite the decline in equity inflows, the mutual fund industry has seen impressive growth overall. The total assets under management (AUM) reached a new record high of ₹70 lakh crore in April, a significant increase from ₹65.74 lakh crore in March.
Also Read: April Mutual Fund Data: Net equity inflows fall for the fourth straight month to the lowest in a year
First Published: May 9, 2025 12:23 PM IST
