1.67 crore new SIP accounts opened in the April-June quarter, despite the decline, they invest fearlessly
Mutual Fund sip: Despite the decline in the Indian stock market, the participation of retail investors remains strong and they are investing fearlessly. The first quarter of the current financial year saw a sharp jump in the number of SIP accounts in the mutual fund industry. AMFI gave this information on Thursday. According to data released by the Mutual Fund Industry organization ‘Association of Mutual Funds in India’ (AMFI), a total of 1.67 crore new SIP accounts were opened in the April-June quarter, while 1.41 crore new accounts were opened in the January-March quarter.
41.9 lakh new SIP accounts open on digital platform grow
Digital platform Groww was at the forefront of 25 percent market share by adding 41.9 lakh new SIP accounts alone. In June alone, 15.7 lakh new accounts were opened on ‘Grow’, which is the highest in a month by any distributor. In the first quarter, in terms of value, SIPs of Rs 1116 crore were registered on Grow, which is 32 percent higher than in the previous quarter. Angel One finished second with 1.5 million new SIP accounts. In traditional distributors, NJ India Invest added 5.9 lakh, SBI added 4.3 lakh and HDFC Securities added 3.8 lakh new accounts. Phonpe also added 5.9 lakh accounts with excess of small investors.
Retail investors are investing fearlessly despite the decline in the stock market
Despite the fluctuations in the equity market in the June quarter, the trust of retail investors remained strong. In June 2025, the total SIP investment reached Rs 27,269 crore while the total SIP assets stood at Rs 15.3 lakh crore. Market experts say that the thinking of retail investors about long-term wealth creation in mutual funds has changed. Increasing access to digital platforms and Amphie’s investment awareness initiatives have also accelerated this change.
The total number of mutual fund investors increased to 5.4 crores
In 2025, the total number of mutual fund investors in the country has increased to 5.4 crores, which is 20 percent more than 2024. During this period, the total management-administered asset (AUM) of the industry has also increased to Rs 74.4 lakh crore, which is 18 percent higher than in the March quarter.
Disclaimer: This article has been written only for the purpose of information. Before any type of investment or before taking financial risks, consult your financial advisor. India TV will not be responsible for any type of risk.
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