SIP: In November, inflows totaled Rs 29,445 crore

Rekha Prajapati "Journalist"December 11, 2025

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SIP: According to statistics issued by the Association of Mutual Funds in India (AMFI) on Thursday, SIP inflows in November were almost constant at Rs 29,445 crore, slightly less than the Rs 29,529 crore registered in October.

Overall investor engagement in mutual funds remained high throughout the month despite this little decline.

From Rs 24,671 crore in October to Rs 29,894 crore in November, net equity inflows saw a robust increase.

The overall assets under management for the sector increased as well, reaching Rs 80.80 lakh crore from Rs 79.87 lakh crore the month before.

According to market analysts, “the month’s flows highlight a positive risk appetite, bolstered by robust and sticky retail SIP participation, deep domestic liquidity, and optimism regarding India’s medium-term economic and corporate earnings outlook.”

Large-cap funds brought in Rs 1,640 crore in equity categories, up from Rs 972 crore in October.

Interest in mid-cap funds remained high, as inflows increased from Rs 3,807 crore to Rs 4,487 crore.

Inflows into small-cap funds increased as well, rising from Rs 3,476 crore to Rs 4,407 crore over the previous month.

However, inflows into gold ETFs fell precipitously, from Rs 7,743 crore in October to Rs 3,742 crore.

With inflows rising to Rs 9,721 crore from Rs 6,182 crore earlier, other ETFs fared better.

Thematic and sectoral funds also saw growth, drawing in Rs 1,865 crore as opposed to Rs 1,366 crore in October.

Although liquid funds recorded withdrawals of Rs 14,050 crore in November, this was far less than the substantial outflows of Rs 89,375 crore in October.

Outflows from dividend yield funds increased to Rs 278 crore from Rs 179 crore the month before.

According to market analysts, “flows are likely to remain anchored in shorter-duration and high-quality strategies going forward, with investors preferring to wait for clearer policy signals before extending duration exposure,” because there is still ambiguity around the timing and speed of monetary easing.