Mutual fund SIP inflows hit all-time high of Rs 26,632 crore in April

Mutual fund SIP inflows hit all-time high of Rs 26,632 crore in April

In April, the systematic investment plan (SIP) contributions hit an all-time high of Rs 26,632 crore, according to Association of Mutual Funds in India’s (AMFI’s) latest data release on Friday, May 9.

This marks the highest-ever SIP inflow for any month, the report said.

The Asset Under Management (AUM) for April 2025 is Rs 69,49,894.29 crore, and the mutual fund folios are at Rs 23,62,95,024 as of April 2025. 

This is a big jump from Rs 65.74 lakh crore recorded in March — showing strong investor confidence in the market.

In April, 1.36 crore SIP accounts were either closed or matured as part of this process. However, investor interest remained strong. The number of active SIP accounts grew to 8.38 crore in April, up from 8.11 crore in March, showing that people are still keen on building long-term wealth through mutual funds.

April also saw the creation of 46 lakh new SIP accounts, higher than the 40.19 lakh new accounts opened in March.

AMFI said the spike in account closures was due to a planned clean-up and is likely to reduce sharply from May onwards.

“The sustained inflows underscore improving investor sentiment, supported by strong corporate earnings, resilient macroeconomic fundamentals, and a continued tilt towards equities as the preferred asset class,” said Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment Research India.

Notably, the absence of any major new fund launches during the month indicates that investors largely allocated capital to existing schemes — a testament to their confidence in the long-term growth prospects of Indian equity markets, he added.
The record-breaking investment came even as the industry undertook a large clean-up of inactive accounts.

Despite a slight dip in inflows into equity mutual funds, the overall mutual fund industry continued to grow rapidly.

Large-cap mutual funds, which had faced outflows in recent months, bounced back with net inflows of Rs 2,671.46 crore in April.

This was a slight increase from Rs 2,479.31 crore in March. According to the report, this suggest that investors are regaining interest in these relatively stable funds.

Mid-cap funds attracted Rs 3,313 crore during the month, a minor drop from Rs 3,438.87 crore in March.

Meanwhile, small-cap funds continued to perform steadily, drawing Rs 3,999.95 crore in April, only slightly lower than the Rs 4,092 crore they received the month before.

With inputs from agencies