SIP Inflows Rise to ₹32,087 Crore in March; AUM Falls Amid Market Correction

Mutual Fund Industry assets declined to ₹73.73 lakh crore in March from ₹82.03 lakh crore in February, a fall of about 10%, as per news reports.
The drop followed a sharp correction in equity markets, with benchmark indices such as the Nifty 50 falling over 11% during the month. The decline in assets was largely due to valuation changes rather than large-scale investor withdrawals.
Equity Inflows Increase Sharply
Net inflows into equity mutual funds rose to around ₹40,400 crore in March, compared with ₹25,965 crore in February. This is a rise of over 55% and the highest level seen in 8 months.
Gross inflows during the month were close to ₹84,000 crore. Excluding new fund offers (NFOs), net inflows stood at ₹38,503 crore, the highest recorded for a single month.
SIP Contributions Move Higher
SIP inflows came in at ₹32,087 crore in March, up from ₹29,845 crore in February. The increase of about ₹2,200 crore reflects continued additions through systematic investment routes.
SIP contributions remained one of the more stable components of overall flows during the period.
Trends Across Fund Categories
Among equity schemes, flexicap funds saw the highest inflows at ₹10,054 crore. Smallcap and midcap funds followed with ₹6,264 crore and ₹6,064 crore, respectively.
Exchange-traded funds recorded inflows of ₹19,802 crore, up from ₹4,487 crore in February. Gold ETFs, however, saw lower inflows at ₹2,266 crore.
Outflows in Debt and Arbitrage Funds
Debt mutual funds recorded net outflows of nearly ₹3 trillion during the month, with withdrawals across categories.
In the hybrid segment, multi-asset allocation funds saw inflows of ₹5,213 crore. Arbitrage funds, on the other hand, recorded outflows of ₹21,114 crore.
Read More: Debt Mutual Funds See ₹2.94 Lakh Crore Outflows in March 2026 Amid Year-End Redemptions!
Conclusion
The data for March shows higher inflows into equity and SIPs even as overall assets declined, showing the effect of market movements during the month.
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.
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Published on: Apr 11, 2026, 9:41 AM IST

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