AMFI December Data: SIP Inflows Hit ₹31,002 Crore; Equity MF Inflows Dip, ETF Inflows Surge

Monthly systematic investment plan (SIP) inflows hit a new high of ₹31,002 crore in December, up from ₹29,445 crore in November, according to the Association of Mutual Funds in India (AMFI)—despite a mild month-on-month dip in equity mutual fund net inflows and a marginal decline in total industry assets under management (AUM).  

6% Dip in Equity Mutual Fund Inflows and AUM Movement 

While SIP contributions increased, net inflows into equity-oriented mutual fund schemes witnessed a marginal decrease.  

Equity mutual fund schemes witnessed net inflows of ₹28,035 crore in December, down by 6% from ₹29,894 crore in November.  

The industry’s total AUM dropped slightly to ₹80.23 lakh crore from ₹80.80 lakh crore in the previous month. This indicates a temporary deceleration in investment flow into equity-oriented products. 

Category-Wise Equity Fund Performance 

Large-cap funds registered net inflows of ₹1,567.4 crore, compared to ₹1,640 crore in November. Mid-cap funds attracted ₹4,176 crore, lower than the ₹4,487 crore seen a month earlier. Small-cap fund inflows declined to ₹3,824 crore from ₹4,407 crore.  

Sectoral and thematic funds recorded ₹946 crore in inflows, below the ₹1,865 crore logged in November. Meanwhile, equity-linked savings schemes (ELSS) saw net outflows of ₹718 crore, compared to ₹570.2 crore in November. 

Read More: How Mutual Fund Commissions Eat Away 25% of Investor Wealth Across 80% of Schemes in a Decade! 

Debt and Hybrid Fund Flows 

Liquid funds experienced significant net outflows of ₹47,307.95 crore, sharply up from outflows of ₹14,050 crore in November.  

Corporate bond funds registered outflows of ₹7,419.51 crore versus inflows of ₹1,525 crore in the prior month.  

Hybrid funds attracted ₹10,755.57 crore, a drop from ₹13,299 crore in November. Credit risk and dividend yield funds posted net outflows of ₹172.61 crore and ₹254.30 crore, respectively. 

Rise in ETFs and NFO  

Exchange-traded funds (ETFs) recorded increased inflows of ₹13,199.44 crore in December, up from ₹9,721 crore the previous month. Gold ETFs saw a notable jump in inflows to ₹11,646.74 crore from ₹3,742 crore.  

New fund offers (NFOs) attracted ₹4,074 crore, compared to ₹3,126 crore in November, reflecting a continued interest in new investment opportunities. 

Conclusion 

Equity mutual fund inflows moderated 6% in December alongside a slight dip in AUM, indicating some investor reallocation across categories, while SIP inflows of ₹31,002 crore highlighted continued disciplined retail participation; ETFs and gold ETFs emerged as relatively stronger segments during the month.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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 scheme-related documents carefully.