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Mutual fund SIPs hit record high in February, inflows touch ₹19,187 crore

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Mutual fund investors continued to repose their faith in Systematic Investment Plans (SIPs), with the industry witnessing a record-breaking inflow of ₹19,187 crore through this route in February. This figure surpassed the previous month’s tally, highlighting the growing popularity of SIPs as a disciplined investment approach.

The mutual fund industry’s assets under management (AUM) also reached an unprecedented level of ₹54.5 lakh crore during the same period, underscoring the sector’s robust growth trajectory.

Equity mutual funds, in particular, witnessed a significant surge in inflows, attracting ₹26,865.78 crore, the highest influx in 23 months. This surge can be attributed to the improving investor sentiment and the market’s positive performance.

While small-cap funds experienced a 10% dip in inflows, amounting to ₹2,922.45 crore in February, the industry’s overall net assets under management stood at an impressive ₹54.54 lakh crore during the same month.

The retail AUM for equity, hybrid, and solution-oriented schemes stood at ₹30,70,641 crore, indicating the continued interest of individual investors in these investment avenues.

Furthermore, the industry witnessed a staggering 49,79,431 new SIP registrations in February, highlighting the growing awareness and acceptance of this investment mode among investors. The SIP AUM reached an all-time high of ₹10.52 lakh crore in February, underscoring the sustained commitment of investors towards this disciplined investment approach.

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