SIP run-rate hit a 3-month high — June's ₹31,781 Cr is the strongest print since March and extends the equity inflow streak; annualises to ~₹3.8 L Cr of recurring retail money.
Bounced back from May's dip — up ₹827 Cr MoM from ₹30,954 Cr; equity schemes alone drew ₹28,973 Cr in June, up a sharp 26% MoM.
AUM at ₹82.22 L Cr — up ₹0.64 L Cr MoM as net inflows and a firmer Nifty offset the prior month's mark-to-market softness; no structural concern.
Equity leads the mix at ~45% (₹37.34 L Cr); debt 21.1%, "Others" — passives, ETFs — 19.5%, hybrid 13.9%.
Breadth matters — 9.78 Cr contributing SIP accounts (10.52 Cr outstanding); folio persistence and the stoppage ratio tell you more than any single month's flow.
In context — SIP/DII flow is absorbing FII outflows (page 01) and held the index up while earnings lagged (page 03); a sustained slowdown would pull away the market's main support.
04 · MUTUAL FUND INDUSTRY