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India Mutual Fund AUM Hits Record as Equity Inflows Cool in October

SIP contributions set a fresh high, signaling steady retail discipline despite profit-taking.

Overview

  • Net purchases into equity schemes totaled Rs 24,690 crore in October, down 19% month on month for a third straight moderation, with analysts citing profit-booking during a rising market and the festive period.
  • Total industry assets climbed to a record Rs 79.87 lakh crore, while equity AUM rose to Rs 35.16 lakh crore and total mutual fund folios reached 25.60 crore.
  • Debt-oriented funds saw a sharp turnaround with roughly Rs 1.59–1.60 lakh crore in net inflows, led by liquid and overnight categories as institutional money was redeployed after quarter-end outflows.
  • SIP inflows hit an all-time high of Rs 29,529 crore, with active SIP accounts increasing to 9.45 crore and SIP AUM at Rs 16.25 lakh crore, according to AMFI.
  • Gold ETFs drew Rs 7,743 crore in net inflows, and 18 new fund offers launched in October mobilised Rs 6,062 crore across categories.