SIP Stoppage Ratio Rises to 75.62% in February as Monthly Inflows Dip

According to data released by the Association of Mutual Funds in India (AMFI), the mutual fund SIP stoppage ratio rose slightly to 75.62% in February compared with 74.83% in January. The increase came even as the number of discontinued SIPs or those that completed their tenure declined during the month.

In February 2026, around 49.70 lakh SIPs were discontinued or completed their tenure. During the same period, 65.72 lakh new SIPs were registered. In comparison, January recorded 55.46 lakh discontinued or completed SIPs and 74.11 lakh new registrations.

Monthly SIP Inflows Decline

The data also showed a decline in SIP inflows during February. Monthly SIP contributions fell by about 4% month-on-month to ₹29,845 crore compared with ₹31,002 crore in January. This drop came after SIP inflows had remained above ₹30,000 crore for two consecutive months.

However, the lower inflow was partly due to the shorter month of February. SIP instalments scheduled for the 29th, 30th, and 31st are typically processed in early March, which can shift a portion of contributions into the next month and temporarily affect the reported figures.

Understanding the SIP Stoppage Ratio

The SIP stoppage ratio represents the number of discontinued SIPs compared with the number of newly registered SIPs in a particular period. If the ratio crosses 100%, it means that more SIPs are being stopped than started.

However, this figure should be interpreted carefully. The stoppage ratio includes SIPs that have reached the end of their tenure. Additionally, investors may discontinue one SIP to start another as part of portfolio rebalancing or investment strategy adjustments.

Growth in SIP Participation and Assets

Despite the monthly decline in inflows, SIP investments continued to show strong year-on-year growth. Monthly SIP contributions increased by 15% from ₹25,999 crore recorded in February 2025.

The number of contributing SIP accounts stood at 9,44,47,758 in February 2026. Meanwhile, retail mutual fund folios across equity, hybrid, and solution-oriented schemes increased to 20,64,24,339 in February from 20,43,09,553 in January.

Retail assets under management across these categories reached ₹47,14,392 crore in February, reflecting continued participation by individual investors in the mutual fund ecosystem.

Also Read: Parag Parikh Flexi Cap Fund Adds IGL, Mahanagar Gas; Exits MCX in February!

Conclusion

Although SIP inflows moderated slightly and the stoppage ratio edged higher in February, the broader trend continues to reflect investor interest in disciplined investing through mutual funds. Investors planning their contributions can also use a SIP calculator to estimate potential returns and better plan their long-term investment goals.

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