Showing steady retail interest, SIPs attract ₹25,926 cr in March

FLOWS THROUGH SYSTEMATIC investment plan (SIPs) stayed robust in March and fell only marginally to ₹25,926 crore, even as the overall industry saw an outflow led by debt funds, revealed data from Association of Mutual Funds in India (Amfi) on Friday.

- ANANYA GROVER

"The mutual fund industry has demonstrated resilience and growth, despite market volatility and global policy uncertainties driven by frequent US tariff changes," said Venkat Nageswar Chalasani, chief executive, Amfi.

He added that the steady increase in SIP flows was a testament to the growing maturity of retail investors in understanding the importance of systematic and disciplined investing.

However, overall equity flows dipped to an 11-month low at ₹25,082 crore. In addition, due to the year-end impact, outflows from debt funds were to the tune of ₹2.03 lakh crore, and another ₹1.33 lakh crore were withdrawn liquid funds. Juzer Gabajiwala, director of Ventura Securities, said that arbitrage funds saw a dip due to the same reason.