Now Reading: SIP contributions hit record Rs 32,490 crore in September
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SIP contributions hit record Rs 32,490 crore in September
Systematic Investment Plan (SIP) contributions rose to a record Rs 32,490 crore in September 2026, up from Rs 32,297 crore in August, according to AMFI data. This is a month-on-month increase of Rs 193 crore or about 0.6%. About 63 lakh new SIP accounts were registered during the month, and total SIP assets under management stood at Rs 17.86 lakh crore at the end of September.
Despite the SIP record, the overall mutual fund industry AUM fell 5.1% to Rs 82.64 lakh crore at 30 September from Rs 87.08 lakh crore at end-August. Tv9hindi.com and Bhaskar.com both report that the decline was driven by a net outflow of Rs 1.83 lakh crore from debt mutual funds. Equity-oriented funds, however, saw net inflows of Rs 38,306.55 crore in September, up about 31% from August.
Indian Opinion Analysis
Both tv9hindi.com and bhaskar.com report the same AMFI figures for September SIP and AUM data, making this uniform straight reporting. Tv9hindi.com leads with the SIP record figure and notes the slower pace of growth compared to August, while bhaskar.com leads with the same record but adds context that investors are not deterred by market volatility. Bhaskar.com also offers an explanation for the AUM decline, attributing it to institutional and corporate investors withdrawing from debt funds for tax or quarter-end reasons, rather than retail fear. Tv9hindi.com does not offer that interpretation. The common takeaway is that retail SIP flows remain strong even as the broader industry AUM contracted. AMFI's next monthly data release will show whether this divergence continues.
Coverage: 2 sources, 2 neutral
Sources (2): tv9hindi.com (neutral report), bhaskar.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Methodology and corrections.
