SIP AUM has surged 50% in one year to touch the Rs.5-trillion mark in July on the back of sustained inflows and a record rally in the equity market. During the corresponding period, the rise in total MF AUM was almost half at 28%.
With this rise, the share of SIP AUM in total mutual fund assets has risen to 14% in July 2021 from 12% in August 2020, shows an analysis of AMFI data from last 12 months.
SIP AUM in the last 12 months (in Rs trillion/lakh crore):
Mutual funds have gained traction in the last few months. Net inflows in equity funds have remained above Rs 4,000 crore in the last three months. In fact, the inflows have touched a record high of Rs 22,583 crore in July.
SIP data from the last few months also shows a similar trend. Monthly SIP registrations have remained above 20 lakh in the last two months. SIP inflows are also at record-high levels.
SIP inflows in the last 12 months (in Rs crore):
SIP registrations in the last 12 months:
SIP stoppage ratio:
The rise in SIP registrations has pushed SIP stoppage ratio to a low of 36%. Last year, the figure used to be in the range of 55-70%. SIP stoppage ratio is the ratio of new SIP registrations and discontinued SIPs. This reflects that far more number of new SIPs are being registered in comparison to discontinuation.
Tags: mutual funds, SIP, systematic investment plan, SIP AUM, SIP registrations, SIP data
