New Delhi, Aug 11: Monthly investments through Systematic Investment Plans (SIPs) remained resilient in July, with inflows rising to Rs 31,961 crore, highlighting the continued preference of retail investors for regular, long-term investing.
SIP inflows increased from Rs 31,781 crore in June and were up around 12 per cent from Rs 28,464 crore recorded in July last year.
The steady rise in SIP contributions reflects the growing role of regular investing in household financial planning. Instead of relying only on lump-sum investments, an increasing number of investors are choosing to invest fixed amounts at regular intervals.
Equity mutual fund inflows, however, moderated during the month, falling to Rs 24,697 crore from Rs 28,973 crore in June. Despite the decline, investor interest remained strong in several equity categories.
Small-cap funds attracted Rs 7,767 crore in July, recording their highest-ever monthly inflow. Mid-cap funds also saw strong demand, receiving Rs 6,192 crore during the month.
The continued flow of SIP investments indicates that retail investors are maintaining their long-term investment discipline even as market conditions and preferences across mutual fund categories change.
The broader mutual fund industry also remained strong during July, with total assets under management reaching Rs 85.76 lakh crore and mutual fund folios rising to 28.09 crore.
The sustained SIP contribution provides a steady source of domestic investment for India's capital markets while giving individual investors a structured route to participate in market-linked investments.
The July figures underline the increasing importance of retail investors in India's financial markets and the growing acceptance of SIPs as a long-term wealth-building approach.