Market jitters couldn’t dampen retail enthusiasm for mutual fund SIPs in February 2026. According to ICRA Analytics, monthly SIP investments soared 14.79% to Rs 29,845 crore from Rs 25,999 crore the previous year, even as they eased slightly by 3.73% from January’s peak of Rs 31,002 crore.
Investor base expansion is the real story here. Unique SIP accounts reached a staggering 9.44 crore, up from 8.26 crore YoY, with active accounts swelling to 10.45 crore. SIP AUM held steady at Rs 16.64 lakh crore, representing 20.29% of total mutual fund assets.
Experts attribute minor AUM dips to mark-to-market adjustments in volatile markets, not reduced flows. India’s retail investing boom, driven by SIPs and equity funds, reflects deeper pockets of financial inclusion and savvy money management.
February’s industry-wide net inflows totaled Rs 94,530 crore. Equity segments shone brightest: flexi-cap funds drew Rs 6,924.65 crore, mid-caps Rs 4,003 crore, and small-caps Rs 3,881 crore, within overall equity net buys of Rs 25,978 crore.
By month-end, mutual fund AUM stood at Rs 82.03 lakh crore, averaging Rs 83.43 lakh crore. This data builds on AMFI’s January figures, where SIPs grew 17% YoY to Rs 31,000 crore.
The numbers paint a bullish picture for disciplined investing. As India’s middle class expands and digital platforms proliferate, SIPs are becoming the go-to vehicle for wealth creation, proving resilient against short-term market swings.