Systematic investment plan (SIP) inflows rose to an all-time high of ₹29,529 crore in October, slightly higher than ₹29,361 crore in September, according to data from the Association of Mutual Funds in India (AMFI).

The sustained momentum reflects steady retail participation through systematic routes, even as equity fund inflows moderated during the month.

Equity mutual fund inflows stood at ₹24,671 crore, down 19% from ₹30,405 crore in September, while the mutual fund industry’s total assets under management (AUM) increased to ₹79.87 lakh crore from ₹75.61 lakh crore a month earlier.

Anthony Heredia, MD & CEO of Mahindra Manulife Mutual Fund, said that although net equity flows have declined since July, gross flows remain consistent at around ₹60,000–65,000 crore.

“As markets have be

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