SIP inflows climb to ₹32,087 crore in March amid market volatility

Mutual fund SIP inflows in March hit a record ₹32,087 crore, rising 7.5% as equity schemes and ETFs drew strong investor interest despite AUM volatility.

By Anshul

Mutual fund SIP inflows rose in March, extending the steady momentum in systematic investments even as broader industry assets saw volatility, according to AMFI data.

SIP inflows stood at ₹32,087 crore in March, up from ₹29,845 crore in February, marking a month-on-month increase of around 7.5% or ₹2,242 crore.

The rise in SIP contributions came alongside a sharp jump in net equity inflows, which stood at ₹40,366 crore in March compared with ₹25,965 crore in February, a rise of 55.5%. This indicates sustained investor interest in equity-oriented schemes during the month.

However, overall mutual fund assets under management (AUM) declined to ₹73.73 lakh crore in March from ₹82.03 lakh crore in February, a fall of about 10.1%, largely due to market-led corrections and weaker equity performance rather than redemption pressure.

Within equity categories, exchange-traded funds (ETFs) continued to attract strong inflows of ₹19,802 crore, sharply higher than ₹4,487 crore in February, while gold ETFs saw inflows of ₹2,266 crore versus ₹5,255 crore in the previous month.

Sectoral and thematic funds recorded inflows of ₹2,699 crore, slightly lower than ₹2,987 crore in February, while dividend yield funds posted marginal inflows of ₹59.2 crore compared with ₹21.2 crore earlier.

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