Mutual Funds Recorded 1.67 Crore New SIPs in the June Quarter

The mutual fund sector witnessed a remarkable rise in new Systematic Investment Plan (SIP) accounts, totalling 1.67 crore additions in the June 2025 quarter, significantly surpassing the 1.41 crore added in the preceding quarter, as per data from the Association of Mutual Funds in India (AMFI). 

This growth reflects the increasing confidence of retail investors despite ongoing fluctuations in the equity markets. The Nifty 50 index delivered only moderate gains year-to-date, yet investor participation remained steady, with SIP inflows peaking at ₹27,269 crore in June 2025, and SIP assets under management rising to ₹15.3 lakh crore, up from ₹12.4 lakh crore a year earlier.

Digital Platforms Drive New Investments; Groww Leads the Pack

Digital-first distributors played a crucial role in attracting fresh SIP investors. Groww emerged as the top performer, accounting for 41.9 lakh new SIP accounts and capturing 25% market share. It also recorded the highest monthly additions in June at 15.7 lakh, with SIP inflows of ₹1,116 crore for the quarter, a 32% rise over the previous quarter. 

Angel One followed with 15 lakh SIPs, while NJ IndiaInvest, SBI, and HDFC Securities contributed 5.9 lakh, 4.3 lakh, and 3.8 lakh registrations, respectively. PhonePe also added 5.9 lakh SIPs, mostly in smaller investment denominations, reflecting increased accessibility for first-time investors.

Investor Base Expands as Mutual Funds Gain Popularity

The mutual fund investor base in India reached 5.4 crore in 2025, showing a 20% increase from 2024 and a 42% jump since 2023. This shift is seen as a result of growing recognition of mutual funds as tools for long-term wealth creation. Experts observe that retail investors are now seeing mutual funds as a means for building long-term wealth, marking a transition from conventional saving habits to a more investment-focused approach.

Enhanced digital access, simplified investment platforms, and awareness initiatives led by AMFI and asset management companies (AMCs) have significantly contributed to this transformation. The industry’s total assets under management (AUM) touched a new peak of ₹74.4 lakh crore in June 2025, reflecting an 18% increase from ₹63.2 lakh crore in the previous quarter.

Read More: Mutual Fund Industry Saw Addition of 4 Lakh New Investors and 30 Lakh Folios in June 2025!

Conclusion 

The mutual fund industry’s robust SIP growth, led by digital platforms like Groww, highlights rising retail investor confidence and a shift towards long-term wealth creation. Continued market education, accessibility, and digital innovation are expected to further strengthen participation and AUM growth in the coming quarters.

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