24×7 ID Rule for US Immigrants: What H-1B Workers and Green Card Holders Must Know

A new directive under President Donald Trump’s executive order, Protecting the American People Against Invasion, came into effect. This rule mandates that all immigrants, including legal visa holders and green card holders, must carry proof of their immigration status at all times. The regulation is part of a broader push to enforce immigration laws and address the issue of illegal residency in the United States.

Legal Background: The Alien Registration Requirement (ARR)

The legal roots of this directive trace back to the Alien Registration Act of 1940. Though the original legislation required non-citizens to register with the government, its implementation over the decades has been inconsistent. The recent rule change marks a renewed focus on strict compliance, turning what was once an overlooked policy into a central pillar of immigration enforcement.

Key Provisions of the New Rule

Mandatory Registration

All non-citizens aged 14 and above who intend to stay in the US for 30 days or more are now required to register using Form G-325R. Parents or legal guardians are responsible for registering minors under the age of 14.

Timeline for Registration

Those arriving in the United States on or after 11 April must complete their registration within 30 days of arrival. Failing to do so may result in legal penalties, including fines or imprisonment.

Reporting Address Changes

Any change in residential address must be reported within 10 days. Failure to comply with this provision can result in a fine of up to $5,000.

Re-Registration on Turning 14

Children who are already in the country and turn 14 must re-register and provide biometric details, including fingerprints, within 30 days of their birthday.

Impact on Various Immigrant Groups

Undocumented Immigrants

This policy most significantly impacts undocumented immigrants, who will be required to formally register and carry proof of identity and legal status.

Legal Immigrants

Holders of valid work or student visas, such as those on H-1B or F-1 visas, and green card holders are already considered registered. However, they are now required to carry valid documentation with them at all times.

Indian Nationals in the US

Indian nationals form a significant portion of the US immigrant population, with an estimated 5.4 million individuals residing in the country. Among them, approximately 220,000 are undocumented. Indian citizens on H-1B visas or studying in US institutions are not required to register again, but they must adhere to the new requirement of always carrying legal identification.

Consequences of Failing to Comply

Legal Penalties

Non-compliance with the registration mandate can lead to fines or imprisonment for up to six months, depending on the severity and frequency of violations.

Risk of Deportation

It is important to note that registration does not guarantee permission to remain in the United States. Individuals who cannot provide valid documentation or who are found to be in violation of immigration laws may face deportation proceedings.

Government’s Enforcement Strategy

The Department of Homeland Security (DHS), under the direction of Secretary Kristi Noem, has been tasked with ensuring strict enforcement of the rule. The administration has made it clear that there will be “no sanctuary for noncompliance”, emphasising the priority given to this measure in the broader context of immigration control.

Conclusion: A Stricter Regulatory Landscape

The implementation of the new rule underscores a shift towards more stringent immigration policies in the United States. While the rule formalises requirements that have existed on paper for decades, its renewed enforcement could have wide-ranging implications for all non-citizens residing in the country—regardless of their legal status.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Foxconn Eyes Greater Noida for Major Expansion: 300 Acres for First North India Facility

Foxconn, a key global supplier for Apple, is reportedly exploring the development of a large-scale manufacturing facility in Greater Noida, Uttar Pradesh. According to a news report, the company is in early discussions with government authorities and is considering acquiring a 300-acre plot along the Yamuna Expressway. This initiative could potentially mark Foxconn’s first footprint in North India and further cement India’s position in the global electronics manufacturing ecosystem.

Greater Noida: Emerging Electronics Manufacturing Cluster

As per the report, Greater Noida is fast evolving into a formidable electronics manufacturing cluster, similar to Chennai. The region offers a favourable blend of infrastructure readiness, logistical connectivity, and a maturing supplier ecosystem. These elements are crucial in attracting global electronics manufacturing services (EMS) firms such as Foxconn.

The company’s interest in this area is also seen as part of its broader strategic objective — to create a diversified manufacturing base amid growing global uncertainties and supply chain disruptions.

Foxconn’s Proposed Land Acquisition Under YEIDA

The land identified for the new facility reportedly falls under the jurisdiction of the Yamuna Expressway Industrial Development Authority (YEIDA). It lies in the same industrial zone where the HCL-Foxconn joint venture has already secured 50 acres for an outsourced semiconductor assembly and test (OSAT) facility, which is currently pending government approval, as per the report.

This area is strategically located near the upcoming Noida International Airport in Jewar and is flanked by major expressways, making it an ideal logistical hub for large-scale manufacturing operations.

Expanding Footprint in India: A Strategic Shift

Foxconn’s interest in Greater Noida reflects its wider strategy of geographical diversification within India. The Taiwanese conglomerate already operates manufacturing units in Tamil Nadu, Karnataka, and Telangana. Recently, it exited operations from Sri City, Andhra Pradesh, indicating a reallocation of resources to more promising or strategic regions.

According to the report, expanding in India provides Foxconn not only with a risk mitigation strategy but also with access to emerging opportunities in EMS, which are increasingly shifting away from China due to global geopolitical dynamics.

Global Tariff Shifts and Geopolitical Backdrop

The company’s plans come at a time when global supply chains are undergoing significant realignment. The United States has recently imposed a range of tariffs on imports — from 10% to 50% — with China facing a steep 145% tariff. India’s exports have also been affected, with a 26% tariff imposed, while a 90-day pause has been granted to several other countries.

Such developments highlight the urgency for manufacturers to create alternative production hubs, and India, with its favourable policies and growing industrial base, appears to be a key beneficiary.

Apple’s Manufacturing Momentum in India

Foxconn’s expansion coincides with Apple’s increasing commitment to manufacturing in India. According to recent reports, Apple is now producing iPhones worth $22 billion annually in the country. Bloomberg earlier noted that approximately 20% of the global iPhone production now comes from India. For the financial year ending 31 March 2025, India exported iPhones worth ₹1.5 trillion (approximately $17.4 billion), showcasing the country’s rising importance in Apple’s supply chain.

Conclusion

While details regarding the final products to be manufactured at the proposed Greater Noida facility remain unconfirmed, the move signals a deeper integration of India into the global electronics manufacturing landscape. The proposed 300-acre site, with its proximity to key infrastructure and its location within a growing EMS cluster, positions Foxconn to potentially play a pivotal role in shaping North India’s industrial future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Curbing Cyber Fraud: Banks Push for Swift Account-Freezing Powers to Combat Cyber Fraud

Cyber fraud is on the rise in India, with banks increasingly facing challenges from mule accounts—bank accounts used by fraudsters to move and disguise illicit funds. These accounts often belong to unsuspecting individuals or are opened using forged documents. Despite identifying and freezing thousands of such accounts annually, banks report that fraudsters continually create new ones, exploiting loopholes in the system.

Legal Roadblocks in Freezing Illicit Accounts

Currently, banks rely on internal triggers to block or monitor suspicious accounts. However, under the Prevention of Money Laundering Act (PMLA), they lack the statutory power to freeze accounts independently. Freezing a customer’s bank account requires permission from a court or law enforcement authority, leading to delays that fraudsters take advantage of to shift funds and erase digital footprints.

IBA’s Working Group Suggests Regulatory Reform

A working group formed by the Indian Banks’ Association (IBA) has suggested that the Reserve Bank of India (RBI) consider granting banks immediate authority to freeze mule accounts involved in suspicious transactions. The report notes that this would streamline banks’ ability to act quickly and reduce the time lost in securing external permissions, which is often critical in tracking cyber fraud.

Strengthening Verification of Vulnerable Accounts

The report also recommends bolstering account verification mechanisms. One proposal involves using the Election Commission’s database to cross-check individuals who open accounts using voter ID cards and Form 60, which is typically used when a Permanent Account Number (PAN) is unavailable. To reduce misuse, banks may also consider capping the number of transactions allowed on such accounts.

Integrating Technology to Detect Illicit Activity

To stay ahead of evolving criminal tactics, the report stresses the importance of a technology-led approach. By incorporating Artificial Intelligence (AI) and Machine Learning (ML) into transaction monitoring systems, banks can detect suspicious patterns, pre-empt fraud, and enhance their response to emerging threats. These technologies can help address current gaps and refine the systems used to identify mule activity.

A Collaborative, Multi-Pronged Strategy

Tackling cyber fraud and mule accounts will require more than just new rules. The report calls for a unified approach involving financial institutions, regulatory bodies, law enforcement agencies, and technology firms. It highlights the need for significant investment in technology infrastructure, continuous staff training, and active information sharing across stakeholders.

Conclusion

The working group’s findings outline a strategic blueprint to curb the proliferation of mule accounts and protect the banking system. While the proposed reforms require regulatory approvals and system-wide collaboration, they reflect a growing consensus on the need to fortify the financial ecosystem against cyber fraud.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Maharashtra Railways to Receive ₹1.73 Lakh Crore Investment: Kavach 5.0 and AC Trains

A major leap in railway infrastructure was announced in Mumbai under the initiative “Better Infrastructure, Better Technology, Better Trains,” as Union Minister Shri Ashwini Vaishnaw and Maharashtra Chief Minister Shri Devendra Fadnavis jointly addressed the media. The press briefing highlighted Indian Railways’ commitment to improving suburban and regional transport through strategic investment and technological advancements.

Better Infrastructure: Easing Congestion, Enhancing Connectivity

A significant ₹17,000 crore worth of projects is currently underway across Maharashtra, covering more than 300 km of new railway lines. These projects aim to decongest existing routes, improve service frequency, and better accommodate the growing demand from daily suburban commuters, particularly in the Mumbai Metropolitan Region (MMR).

Better Technology: Kavach 5.0 to Strengthen Rail Safety

In a bid to modernise railway operations and enhance commuter safety, the introduction of Kavach 5.0—an advanced train collision prevention and signalling system—was announced for the Mumbai Suburban Railway. This system is expected to significantly reduce inter-train headway, allowing more trains to run at shorter intervals without compromising safety.

Better Trains: 238 New AC Rakes for Mumbai Suburban Network

To offer a more comfortable and reliable journey for daily commuters, Indian Railways will introduce 238 new air-conditioned suburban rakes. These rakes are specifically designed to cater to the unique travel patterns of Mumbai’s population, promising greater passenger comfort and operational efficiency.

Mumbai One Card: Seamless Public Transport Access

The Maharashtra CM also announced the upcoming Mumbai One Card, an integrated smart card that will allow passengers to access multiple modes of transport—including suburban trains, metro, mono-rail, and BEST buses—making daily commutes significantly more convenient across the MMR.

Strategic Expansion: Doubling of Gondia–Ballarshah Line

A key highlight of the infrastructure roadmap is the ₹4,819 crore doubling of the Gondia–Ballarshah railway line, spanning 240 km. This strategic corridor connects Vidarbha and Marathwada and aims to reduce congestion, speed up both passenger and freight services, and strengthen Maharashtra’s rail links with Andhra Pradesh and Chhattisgarh.

The project also includes the modernisation of 29 stations, construction of 36 major bridges, 338 minor bridges, and 67 road under-bridges, enhancing operational efficiency and safety.

Station Redevelopment Under Amrit Bharat Scheme

Under the Amrit Bharat Station Scheme, 132 stations across Maharashtra are being redeveloped with modern facilities. This is part of a larger initiative covering 1,300 stations nationwide, many of which are already nearing completion.

Upcoming Highlights: Creative Tech Institute and Themed Tourist Train

Mumbai will also be home to India’s first Indian Institute of Creative Technology, envisioned as a globally competitive hub for the creative industry. Meanwhile, IRCTC will soon launch the ‘Chhatrapati Shivaji Maharaj and the Glorious Maratha Tour’—a 10-day curated heritage tour aboard the Bharat Gaurav Tourist Train, showcasing the rich cultural history of Maharashtra.

Investment Outlook: ₹1.73 Lakh Crore Allocation for Maharashtra

Indian Railways has committed an unprecedented ₹1,73,804 crore to Maharashtra’s railway infrastructure. This significant allocation reflects the state’s pivotal role in India’s transport network and economic growth strategy.

Conclusion

With new-age safety systems like Kavach 5.0, air-conditioned trains, integrated mobility solutions, and regional corridor upgrades, Maharashtra’s railway infrastructure is poised for a major transformation. The projects announced today not only promise to improve daily commuting for millions but also aim to catalyse regional economic growth and integration in the years to come.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India Showcases BioE3 Policy and Biorefinery Innovations at Global Clean Energy Meet

At the Mission Innovation Annual Gathering 2025, held in Seoul, South Korea, from April 9th to 11th, India took centre stage by presenting its progressive policies and advancements in clean energy. The event, a key platform for global collaboration in accelerating clean energy technologies, saw active Indian participation led by the Department of Biotechnology (DBT), Government of India.

India co-leads the Mission Integrated Biorefinery alongside the Netherlands under Mission Innovation (MI) 2.0. This multilateral initiative, born out of COP21 and inspired by Prime Minister Shri Narendra Modi’s vision, continues to foster innovation-led pathways for a sustainable energy future.

Spotlight on the BioE3 Policy

During the gathering, India’s BioE3 Policy—Biotechnology for Environment, Energy, and Economy—was extensively discussed. This policy plays a crucial role in shaping a low-carbon, innovation-driven bio-manufacturing ecosystem. It focuses on advancing clean manufacturing technologies for fuels, chemicals, and materials, contributing significantly to climate action and energy transition goals.

India’s BioE3 approach was reviewed at multiple roundtable discussions and praised by Mission Innovation members and Technical Advisory Groups for its alignment with global climate priorities.

India’s Integrated Biorefinery Strategy

As part of the Integrated Biorefinery Mission, the DBT presented India’s efforts in developing sustainable, biomass-based solutions for energy and industry. This includes the integration of Carbon Capture, Utilisation, and Bioenergy (CCUB) techniques aimed at reducing carbon emissions while producing value-added outputs.

The emphasis was on using biotechnology to manufacture low-carbon fuels and chemicals, thereby bridging environmental responsibility with economic growth.

Strengthening Global Collaborations in Bio-manufacturing

The Indian delegation participated in in-depth discussions on Research, Development, and Demonstration (RD&D) opportunities. These focused on collaborative efforts in biomass-based manufacturing, aiming to unlock breakthroughs in bio-based materials and fuels.

In addition to the gathering, the Indian team visited Hanyang University and the Korea Institute of Science and Technology, where bilateral sessions on biotechnology and bio-manufacturing were held. These visits, facilitated by the Indian Embassy in Seoul, reinforced India’s commitment to international cooperation in clean technology development.

Conclusion

The discussions underscored that bio-innovations in fuels, chemicals, and materials offer immense potential for Mission Innovation member countries to achieve their decarbonisation targets. India’s proactive stance and comprehensive strategies under the BioE3 and Integrated Biorefinery missions serve as a model for global cooperation in the clean energy transition.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Old Car? No Fuel in Delhi Soon as ANPR Cameras Go Live at Fuel Stations – Read More

What Are End-of-Life Vehicles (ELVs)?

End-of-Life Vehicles, or ELVs, refer to vehicles that have exceeded their legally permitted road life. In Delhi, petrol vehicles older than 15 years and diesel vehicles older than 10 years fall under this category. The policy aims to remove these ageing, high-polluting vehicles from the streets as part of the city’s broader fight against air pollution.

Delhi’s Upcoming Crackdown: The Fuel Ban Explained

According to recent reports, Delhi is on the brink of implementing a ban that will stop petrol and diesel stations from selling fuel to ELVs. The infrastructure for this move is nearly complete. Out of approximately 500 fuel stations, around 485—including CNG outlets—have installed Automatic Number Plate Recognition (ANPR) systems. These systems are crucial to enforcing the rule by identifying vehicles as soon as they arrive at fuel stations.

How Will the System Work?

Once a vehicle enters a fuel station, ANPR cameras will scan its number plate. This data will then be cross-checked with the mParivahan database to determine if the vehicle has outlived its permissible age. If it qualifies as an ELV, the system will flag it and fuel will not be dispensed. The process is expected to be automated and operational in real-time.

Timeline and Current Status

The fuel sale ban was initially scheduled for April 1, 2024, but was delayed due to pending infrastructure. Now, with only 15 stations left to equip, authorities indicate the rollout could begin within two weeks. Final approval from the Commission for Air Quality Management (CAQM) is awaited, which is expected soon.

Who Will Be Affected?

This enforcement applies not just to Delhi-registered vehicles but to all vehicles entering the city’s fuel stations, irrespective of their registration state. The universal application is aimed at ensuring compliance and preventing ELVs from sourcing fuel within Delhi’s borders.

What Are the Concerns?

While the policy’s intent is clear, its implementation raises several questions:

  • Public Awareness: There are concerns about whether citizens are adequately informed about the new rule and its implications. 
  • Operational Challenges: Questions have been raised about the efficiency of real-time verification and the potential for disputes at fuel stations. 
  • Vehicle Disposal: Although over 42,000 ELVs have been impounded between 2023 and 2025, there’s limited clarity on how many have actually been scrapped. 
  • Infrastructure Gaps: Delhi currently lacks a dedicated ELV scrapping facility, which may slow down the transition.

Exemptions and Clarifications Awaited

Experts have pointed out the need for clear communication around exemptions. For instance, vintage vehicles or those holding special permits may need to be excluded from the enforcement, but no formal guidelines have been released yet.

Conclusion: The Bigger Picture

As of September 2024, Delhi had over 6 million ELVs on record—a staggering number in a city already grappling with air quality concerns. The ANPR-based fuel ban is part of a larger strategy to control vehicular emissions, reduce road congestion, and push for cleaner alternatives. However, its success will depend heavily on execution, public cooperation, and clarity in policy enforcement.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

AMCs with Highest Cash Holdings in March 2025 Revealed – PPFAS, Motilal Oswal, and Quant Lead

In March 2025, significant variations were observed in the cash allocations held by mutual fund houses. Among the top 20 funds, PPFAS Mutual Fund reported the highest cash holding at 21.9%, followed by Motilal Oswal Mutual Fund at 17.8% and Quant Mutual Fund at 10.3%. 

On the lower end of the spectrum, Mirae Asset Mutual Fund maintained a minimal cash position at 1.3%, while Kotak Mahindra Mutual Fund held 2.5%. 

Rise in Equity Value Across Major Fund Houses

According to the same report, the total equity value of the top 20 asset management companies (AMCs) experienced a 7.5% month-on-month (MoM) rise, contributing to a 23.5% year-on-year (YoY) increase in March 2025. This growth reflects the broader upward trend in equity markets during the period.

Among the top 10 AMCs, the highest MoM gains in equity value were recorded by:

These figures point to a healthy increase in investor interest and potentially favourable market conditions in March.

Overview of Mutual Fund Industry Performance in FY25

The Indian mutual fund industry concluded FY25 on a strong note, reporting a 23% YoY increase in total assets under management (AUM). AUM rose by approximately ₹12.3 lakh crore, bringing the total to ₹65.7 lakh crore as of March 2025.

This robust growth was supported by multiple fund categories, with equity funds leading the way. The category-wise contribution to this AUM expansion was as follows:

This diversification highlights broad-based participation across various investment strategies.

Conclusion

The data from March 2025 offers a glimpse into the asset allocation strategies of leading mutual fund houses, particularly regarding cash holdings. While some fund managers opted for higher liquidity, possibly anticipating market opportunities or volatility, others continued to maintain aggressive equity positions. Meanwhile, the growth in AUM underscores continued investor confidence in mutual fund products, with equity and liquid funds driving momentum into the new fiscal year.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Is It Possible to Buy 2 Houses to Save Tax on Long-Term Capital Gains?

Section 54 of the Income Tax Act provides relief to individuals and Hindu Undivided Families (HUFs) from long-term capital gains (LTCG) tax if the gains are reinvested in a residential property. It is crucial to note that the exemption applies to the amount of capital gains, not the entire sale consideration. This distinction ensures that only the profit portion derived from the sale is eligible for reinvestment to claim tax exemption.

What Qualifies as Long-Term Capital Gains?

Capital gains arise when a capital asset, such as a residential property, is sold at a price higher than its indexed acquisition cost. However, with changes in tax laws, the benefit of indexation is no longer applicable while calculating exemption under Section 54. Therefore, taxpayers must invest the actual difference between the sale price and the original cost to claim the exemption.

Investment Requirement: 1 Residential House or 2?

As a general rule, the Income Tax Act mandates the reinvestment of LTCG in one residential house property located in India. However, the law allows a one-time exception to this requirement.

Under this exception, an individual or HUF can claim exemption by investing in 2 separate residential house properties, provided:

  • The capital gains do not exceed ₹2 crores.

  • The taxpayer has not availed of this benefit in the past.

  • This option can be exercised only once in a lifetime.

Time Frame for Investment in the New Property

To be eligible for the exemption:

  • The new residential property(ies) must be purchased within 2 years from the date of sale of the original house, or

  • The purchase can also be made within 1 year before the sale, or

  • If opting for construction, it must be completed within 3 years from the date of sale.

The flexibility in timing ensures that both prior and future purchases related to the sale can qualify for exemption as long as they meet the stated conditions.

Unutilised Gains and the Capital Gains Account Scheme

If the capital gains are not fully utilised for purchasing or constructing the new residential house(s) before the due date for filing the Income Tax Return, the remaining amount must be deposited in a Capital Gains Account Scheme (CGAS) with a notified bank. This deposit acts as a placeholder for the intended investment and preserves the eligibility for exemption.

Funds in this account must be used exclusively for the purpose of acquiring or constructing the new residential house property, and any withdrawal must comply with the rules laid out under the scheme.

Conclusion

While Section 54 provides substantial relief from tax on long-term capital gains, it is essential to strictly follow the prescribed conditions to claim the exemption. The option to invest in 2 properties instead of one can be a strategic benefit, but it is allowed only once and is subject to specific monetary limits.

This article is for informational purposes only and does not constitute tax advice. For personalised guidance, always consult a qualified tax professional.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

SIP Stoppage Ratio Hits Record High in March 2025: Over 51 Lakh SIPs Discontinued

The SIP (Systematic Investment Plan) stoppage ratio measures the number of SIP accounts discontinued in a given period compared to those newly registered. A higher ratio indicates that more investors are halting their investments than initiating new ones. In March 2025, this ratio soared to 127.5%, meaning that for every 100 new SIP accounts opened, around 127 were closed.

March Records the Highest SIP Stoppage Ratio Yet

According to data released by the Association of Mutual Funds in India (AMFI), approximately 51 lakh SIPs were discontinued in March 2025, while only 40 lakh new SIPs were registered. This marks the 3rd consecutive month where the number of discontinued SIPs exceeded new ones.

In comparison:

  • February 2025 had a stoppage ratio of 122% 
  • January 2025 saw a ratio of 109%

This sustained upward trend signals an emerging concern within the mutual fund industry.

Possible Factors Behind the Rising Stoppage Ratio

While the AMFI data does not specify the reasons behind this trend, several potential factors could be at play:

  • Profit booking by investors after the recent market rally 
  • Increased market volatility or uncertainty 
  • Completion of SIP tenures 
  • Investors pausing or withdrawing amid changing financial goals or liquidity concerns 

Regardless of the reasons, the fact remains that a significant number of investors are stepping back from their systematic mutual fund investments.

SIP Inflows Dip Marginally in March

Despite the growing number of discontinuations, SIP inflows remained relatively stable. In March 2025, mutual fund SIP inflows stood at ₹25,926 crore, slightly lower than ₹25,999 crore in February — a marginal dip of 0.28%.

Fewer New SIP Registrations

There was also a notable drop in new SIP registrations, which stood at 40.18 lakh in March compared to 44.56 lakh in February. This reduction, coupled with higher stoppages, paints a cautious picture of investor sentiment.

Contribution Base and AUM Data

  • The number of contributing SIP accounts declined to 8.11 crore in March from 8.26 crore in February. 
  • Despite this, Assets Under Management (AUM) through SIPs rose to ₹13.35 lakh crore, up from ₹12.37 lakh crore in February, reflecting the broader market performance and valuation appreciation.

Growth in Mutual Fund Folios Continues

Interestingly, while SIP trends showed signs of stress, mutual fund folio growth remained positive:

  • Total mutual fund folios: 23.45 crore in March vs 23.22 crore in February 
  • Retail folios (equity + hybrid + solution-oriented): 18.58 crore in March vs 18.42 crore in February

This indicates that investors may be reallocating or reshaping their portfolios rather than exiting mutual fund investments altogether.

Conclusion

The record-high SIP stoppage ratio in March 2025 underscores a shift in investor behaviour that warrants close observation. Whether this trend continues or reverses will depend on future market conditions, investor confidence, and broader economic indicators.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Premier Energies Share Price Gains Over 2% Following Strategic Partnership with Germany’s RENA Technologies

Premier Energies Limited, one of India’s top integrated solar cell and module manufacturers, has entered into a strategic technology collaboration with Germany-based RENA Technologies GmbH. This partnership is aimed at pushing the boundaries of high-efficiency solar cell manufacturing through the development of advanced wet chemical processes.

As of 10:05 AM on the day of the announcement, Premier Energies’ share price was up by 2.17%, reflecting positive investor sentiment towards the move.

Focus on Next-Gen Solar Technologies

The collaboration primarily centres around advancing N-Type solar cells and tandem solar cell technologies such as TOPCon and silicon/Perovskite Tandem cells. These technologies represent the next frontier in solar innovation, promising greater efficiency and lower production costs.

Combining Strengths for a Sustainable Future

Premier Energies brings to the table its large-scale solar manufacturing capacity in India, while RENA contributes its global leadership in wet chemical process equipment. This synergy is expected to result in the following:

  • Improved cell performance and efficiency

  • Increased production throughput

  • Reduction in the carbon footprint of solar cell manufacturing

Sudhir Reddy, Director and Chief Strategy Officer at Premier Energies, highlighted that this partnership places the company “at the forefront of the N-Type efficiency curve” and sets the foundation for transitioning to tandem cell development.

A Step Forward for India’s Solar Ambitions

Premier Energies’ Chief Production Officer Chandra Mauli Kumar stated, “For India to compete at the cutting edge of solar technology, closer collaboration with equipment manufacturers is critical. This partnership will help us achieve higher throughput, better efficiencies, and a lower manufacturing carbon footprint.” 

RENA’s Global Vision Aligns with India’s Growth

RENA Technologies CEO Peter Schneidewind said, “This is a great opportunity for RENA to work closely with a leading Indian cell manufacturer using our latest tools to deliver better products, reduce consumables, and lower the carbon footprint of solar cell production. We look forward to optimising outcomes together.” 

About Premier Energies

Premier Energies is a publicly listed Indian company with a total capacity of 8 GW for solar cells and 9.13 GW for solar modules, a significant portion of which is under construction. Recognised for its commitment to innovation and sustainability, it is also certified as a “Great Place to Work.”

About RENA Technologies

Headquartered in Germany, RENA Technologies GmbH specialises in wet chemical equipment and solutions for industries ranging from semiconductors to solar. With a strong emphasis on R&D and customisation, RENA plays a critical role in driving sustainability and efficiency across global production lines.

Conclusion

The Premier-RENA partnership signals a forward-looking step in solar innovation, strengthening India’s clean energy ambitions and further aligning global capabilities for a greener future.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.