Amfi Mutual Fund Data: SIP accounts hit record 1.67 crore in Q1; Groww leads digital rush

2 hours ago 1

AMFI Mutual Fund Data: The mutual fund industry saw strong growth in new SIP accounts in the April-June quarter of 2025. Around 1.67 crore new SIPs were added, up from 1.41 crore in the previous quarter, according to AMFI.

Markets have been volatile, and Nifty 50’s gains this year have been modest. But retail investors seem unfazed. SIP inflows reached Rs 27,269 crore in June, while assets under management for SIPs climbed to Rs 15.3 lakh crore, compared with Rs 12.4 lakh crore a year ago.

Groww leads digital platforms in attracting new investors

Digital platforms are playing a big role here. Groww topped the charts, adding nearly 42 lakh new SIP accounts—about a quarter of all new registrations. In June alone, it added 15.7 lakh SIPs, and saw Rs 1,116 crore in inflows during the quarter—a 32 per cent jump from before.

Other platforms like Angel One (15 lakh SIPs), NJ IndiaInvest (5.9 lakh), SBI (4.3 lakh), and HDFC Securities (3.8 lakh) also saw good growth. PhonePe added 5.9 lakh SIPs too, mostly smaller amounts, showing more first-time investors are joining.

Investor base crosses 5.4 crore

The number of mutual fund investors in India has grown to 5.4 crore in 2025—that’s 20 per cent more than last year, and 42 per cent more than two years ago. More people are now seeing mutual funds as a way to save and grow money long-term, instead of just traditional saving.

AUM hits new high of Rs 74.4 lakh crore

Mutual fund assets under management reached a record Rs 74.4 lakh crore in June 2025, up 18 per cent from last quarter. This shows steady investor trust, even with ups and downs in the market.

Read Entire Article