Mutual fund folios reached a record high of Rs. 22.5 crore (US$ 2.6 million) in December 2024, with Systematic Investment Plan (SIP) inflows surpassing Rs. 26,000 crore (US$ 3.03 billion)

Mutual fund folios in India hit an all-time high of Rs. 22.5 crore (US$ 2.6 million) in December 2024, according to Association of Mutual Funds in India (AMFI) data. Retail mutual fund folios, covering equity, hybrid, and solution-oriented schemes, peaked at Rs. 17.89 crore (US$ 2.1 million), up from Rs. 17.54 crore (US$ 2.0 million) in November. Retail Assets Under Management (AUM) rose marginally to Rs. 3,991,000 crore (US$ 464.88 billion) from Rs. 3,970,000 crore (US$ 462.23 billion) during the same period. Systematic Investment Plans (SIPs) saw robust growth, with new registrations reaching 54.27 lakh, SIP AUM at Rs. 13,63,000 crore (US$ 158.77 billion), and monthly SIP contributions hitting a record Rs. 26,459 crore (US$ 3.08 billion), reflecting investors' growing commitment to long-term financial goals. 

Equity mutual funds recorded a 14.5% jump in inflows, totalling Rs. 41,155 crore (US$ 4.79 billion) in December 2024, compared to Rs. 35,943 crore (US$ 4.19 billion) in November 2024. This marks the 46th consecutive month of positive equity inflows since March 2021. Despite market volatility, retail investor confidence remained strong, driven by interest in sectoral and thematic funds, particularly in mid and small-cap segments. The steady rise in SIP accounts, now at a record 10.32 crore, underscores investors' conviction in disciplined, long-term investment strategies. 

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.