Mutual Fund SIPs cross ₹29,000 crore mark for 1st time:Citizens invest more in Gold ETFs than flexi cap schemes; equity debt inflows decline sequentially

Investment through Systematic Investment Plan (SIP) increased by 4% in September 2025. It rose from ₹28,265 crore in August to ₹29,361 crore. This is the first time that mutual fund investments through SIP have crossed ₹29,000 crore in a month. This means people are showing more interest in investing in mutual funds through small investments. This information was revealed from the latest data from the Association of Mutual Funds in India (AMFI). Highest investment of ₹8,363 crore in Gold ETFs According to AMFI data, other schemes like Index Funds and ETFs saw a tremendous surge. In September, these received investments of ₹19,056 crore, which is 67% higher than August’s ₹11,436 crore. Gold ETFs attracted the highest investment of ₹8,363 crore. Decline in Equity Funds However, investment in equity mutual funds decreased for the second consecutive month. In September, these funds received an investment of ₹30,422 crore, which is 9% lower than August’s ₹33,430 crore. In September, midcap funds received the highest investment of ₹5,085 crore, while smallcap funds received ₹4,362 crore. Meanwhile, sectoral and thematic funds received the lowest investment of ₹1,220 crore in September. Money was withdrawn from ELSS funds and dividend yield funds. In September, ₹307 crore was withdrawn from ELSS funds and ₹167 crore from dividend yield funds. Heavy Outflow from Debt Funds In September, debt mutual funds saw an outflow of ₹1.01 lakh crore, which is much higher than August’s outflow of ₹7,979 crore. Out of 16 sub-categories, only four received inflows – overnight funds, medium to long duration funds, long duration funds and dynamic bond funds. The highest investment of ₹4,279 crore was made in overnight funds. While liquid funds suffered the biggest loss, from which ₹66,042 crore was withdrawn. Investment in hybrid funds also decreased Investment in hybrid mutual funds decreased by 39% to ₹9,397 crore in September, which was ₹15,293 crore in August. Among six sub-categories, multi-asset allocation funds received the highest investment of ₹4,982 crore. However, money was withdrawn from conservative hybrid funds and arbitrage funds. Talking about open-ended mutual funds, there was a withdrawal of ₹42,815 crore in September, while an investment of ₹52,501 crore was seen in August. Overall, there was a stronger trend of money withdrawal from the market. Slight increase in AUM Despite all this, the total Assets Under Management (AUM) of mutual funds increased by 0.57% to ₹75.35 lakh crore in September, which was ₹74.93 lakh crore in August. Trust in Mutual Funds SIP increased The increase in investment through SIP in September shows that retail investors maintain their trust in mutual funds for the long term. However, the withdrawal of money from equity and debt funds and reduction in hybrid funds suggests that investors are becoming cautious due to market uncertainty. Meanwhile, increasing investments in Gold ETFs and Index Funds shows a trend towards safe and diversified options.