SIP Contributions Hit Record High of ₹26,632 Crore in April

Overall equity inflows dropped to a 12-month low

- ANANYA GROVER

FLOWS THROUGH SYSTEMATIC investment plans (SIPs) hit an all-time high of ₹26,632 crore in April, with 83.8 million contributing accounts in April, revealed data from the Association of Mutual Funds in India (Amfi) on Friday. Inflows into debt funds also touched a record high of around ₹2.2 lakh crore.

"The trend underscores a growing awareness among investors of the importance of staying invested through market cycles and systematically building wealth over time," said Venkat Nageswar Chalasani, chief executive, Amfi.

He added that while geopolitical developments and border tensions may introduce short-term market volatility, investors are encouraged to stay focused on their long-term financial goals. "Reacting impulsively to temporary market movements can derail investment strategies," he said.