SIP pie in MF AUM clocks fresh highs in February, shows Amfi data

Investors take a shine to the systematic investment route for equity investment

The steady inflows from systematic investment plans (SIPs) into mutual funds (MFs), coupled with outflows from debt schemes, has propelled the share of SIPs in the total assets being managed by the industry to a new high of 17.1 per cent in February.

SIPs are used predominantly by retail investors. Nearly seven of every 10 SIP accounts are in equity-oriented active MF schemes.

Debt schemes receive a fraction of SIP inflows and a majority of its assets under management (AUM) belong to institutional investors.

Data from the Association of Mutual Funds in India (Amfi) pegs the end-February SIP AUM at