Mutual Funds SIP Stoppage Ratio Falls to 74.83% in January as Registrations Outpace Closures

The Mutual Fund SIP stoppage ratio stood at 74.83% in January, according to data released by the Association of Mutual Funds in India (AMFI). It was 85.30% in December and 109.15% in January 2025. A ratio below 100% means new SIP registrations were higher than those discontinued or completed. 

In January, 74.11 lakh SIPs were registered, while 55.46 lakh SIPs were discontinued or reached completion. In December, the industry saw 60.46 lakh new SIPs and 51.57 lakh closures. 

Contributions Around Recent Levels 

Monthly SIP inflows were ₹30,002 crore in January, remaining close to recent levels. The number of outstanding SIP accounts rose to 1,029.28 lakh, compared with 1,001.73 lakh in December. 

Of these, 992.19 lakh accounts were actively contributing during the month. 

SIP Assets Form One-Fifth of AUM 

Cumulative SIP assets stood at ₹16,36,082 crore at the end of January. This made up 20.2% of the mutual fund industry’s total assets. 

Overall industry Assets Under Management (AUM) crossed ₹78.1 lakh crore during the month. Equity schemes recorded net inflows for the 59th straight month. 

Folio Numbers Increase 

Total mutual fund folios reached 26.63 crore in January, with 50.6 lakh net additions during the month. Retail folios across equity, hybrid, and solution-oriented schemes stood at 20.43 crore, compared with 20.27 crore in December. 

Retail assets under management in these categories were ₹46.49 lakh crore at the end of January. 

What the Stoppage Ratio Means 

The SIP stoppage ratio compares the number of SIPs discontinued or matured with new registrations. A figure above 100% suggests more SIPs are being stopped than started. The ratio also includes SIPs that have completed their tenure or have been shifted between schemes. 

Read More: Domestic Mutual Funds Double Holdings in New Age Startups to ₹1.77 Lakh Crore in 2025! 

Conclusion 

January data shows the stoppage ratio below 100%, steady SIP contributions, and an increase in folios compared with the previous month. 

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