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As per IDFC MF's trends report, the industry received Rs. 1 lakh crore through SIPs in equity funds in FY 2022, when the total gross equity inflows stood at Rs. 4 lakh crore. In FY 2021, these figures stood at Rs. 74,000 crore and Rs. 2.2 lakh crore respectively.
The share of NFOs in the total equity inflows stood at 13% in the last financial year compared to 8% in FY 2021. Overall, the combined contribution of SIPs and NFOs declined to 39% from 42%.
SIPs still have a very low share in gross inflows in hybrid schemes. In FY 2022, hybrid funds received Rs. 8,464 through SIPs, which was just 3% of the total gross inflows at Rs. 2.70 lakh crore.
In debt funds, the combined share of SIPs and NFOs was just 1%.
