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In the last one year, industry has received a net SIP inflow of Rs. 51,290 crore compared to a gross inflow of Rs. 1.30 lakh crore. This implies that net SIP inflows was 40% of the gross inflows in the last one year (May 2021 to April 2022), shows AMFI data.
Month |
Gross SIP |
Net SIP |
Net to gross ratio |
May-21 |
8,819 |
4,020 |
0.46 |
Jun-21 |
9,155 |
2,309 |
0.25 |
Jul-21 |
9,609 |
2,932 |
0.31 |
Aug-21 |
9,923 |
2,024 |
0.2 |
Sep-21 |
10,351 |
1,730 |
0.17 |
Oct-21 |
10,519 |
2,820 |
0.27 |
Nov-21 |
11,005 |
5,087 |
0.46 |
Dec-21 |
11,305 |
5,394 |
0.48 |
Jan-22 |
11,517 |
5,277 |
0.46 |
Feb-22 |
11,438 |
5,868 |
0.51 |
Mar-22 |
12,328 |
7,128 |
0.58 |
Apr-22 |
11,863 |
6,705 |
0.57 |
Total |
1,27,832 |
51,294 |
0.40 |
*All numbers are in Rs crore
The net SIP inflows in the first month of the new financial year (FY 2022-2023) was 56% of the gross inflows or Rs. 6,700 crore, shows latest AMFI data.
The net SIP inflow in April was a bit lower than in March, when the industry recorded a net SIP inflow of Rs. 7,128 crore (highest in at least one year).
The net SIP inflows have improved in tandem with the gross SIP inflows. Data shows that net SIP inflows stood at Rs. 4000 crore on May 2021 and rose to Rs. 5,400 crore in December 2021. In March 2022, the figure rose to Rs. 7,128 crore.
The net to gross inflow ratio was similar in equity funds but varied for the rest of categories.
In debt funds, net inflows were 40% of the gross collection. The data shows that redemptions of SIP investments were comparatively lower for solution-oriented and 'other' schemes. The net SIP inflows for both these categories was close to 74% of the gross inflows.
Net and gross inflows (category wise) in April: