Monthly mutual fund investments through systematic investment plans (SIPs) reached a record high of Rs 32,490 crore in September, up from Rs 32,297 crore in August, according to data released by the Association of Mutual Funds in India (AMFI) on Monday.

The mutual fund industry’s total assets under management (AUM) stood at Rs 82.64 lakh crore during the month, while net inflows into equity funds rose 30.6 per cent to Rs 38,306.55 crore.

AMFI data showed that open-ended equity schemes attracted investments worth Rs 74,831.96 crore in September, while investors redeemed Rs 36,525.41 crore. Net assets under management for equity schemes reached Rs 37.54 lakh crore, while the average AUM for the month stood at Rs 38,50,660.61 crore.

Small-Cap Funds Lead Equity Inflows

Small-cap funds attracted the highest net inflows among equity fund categories, drawing Rs 9,038.57 crore during September. These funds recorded gross investments of Rs 13,025.13 crore against redemptions of Rs 3,986.56 crore across 3.03 crore folios.

Mid-cap funds attracted net inflows of Rs 7,834.84 crore, followed by flexi-cap funds at Rs 6,701.80 crore. Large-and-mid-cap funds received Rs 4,271.22 crore, while multi-cap funds attracted Rs 3,859.55 crore.

Thematic funds recorded net inflows of Rs 1,800.07 crore, while sectoral funds attracted Rs 1,840.02 crore. Focused funds received Rs 1,390.84 crore, value funds drew Rs 1,290.89 crore, and large-cap funds attracted Rs 859.47 crore.

However, contra funds recorded net outflows of Rs 97.88 crore, while equity-linked savings schemes (ELSS), which offer tax-saving benefits, saw outflows of Rs 662.14 crore.

Exchange-Traded Funds Attract Strong Investments

Exchange-traded funds (ETFs) recorded net inflows of Rs 15,501.40 crore in September, according to AMFI data.

Equity ETFs led the category with net inflows of Rs 9,959.96 crore. Gold ETFs attracted Rs 4,450.61 crore, while silver ETFs recorded inflows of Rs 1,974.32 crore.

The latest figures reflect continued investor participation in mutual funds through systematic investment plans and other investment products.

SIP Contributions Maintain Upward Momentum

In August, equity mutual funds recorded net inflows of Rs 29,328.62 crore. Meanwhile, monthly SIP contributions reached Rs 31,961 crore in July, marking a 12.28 per cent increase year-on-year.

September’s record SIP contribution of Rs 32,490 crore highlights the growing role of systematic investing in India’s mutual fund industry. SIPs allow investors to invest a fixed amount at regular intervals, helping them build investment discipline over time.