SIP inflows hit ₹32,490 crore in September, eclipsing the previous month’s level and setting a new record for the month.
Equity schemes recorded a net inflow of ₹38,306 crore, a five‑month high; small‑cap net inflow reached ₹9,036 crore, the highest ever.
AMFI chief Venkat Chalasani noted that total AUM fell 5.1% to ₹82.6 lakh crore, largely due to mark‑to‑market losses and debt‑fund outflows triggered by mid‑September corporate tax payments.
Despite a 5.8% month‑over‑month drop in the Sensex and an 8% slide in the BSE mid‑cap index, retail investors continued to channel money into equity, reflecting confidence in long‑term upside.
Analysts expect a rebound in SIP inflows as the upcoming earnings season begins, but the AUM decline warns of lingering caution amid higher interest‑rate expectations.