Industry SIP Registration as on Sep 2023

Industry SIP Registration as on Sep 2023 

*Industry SIP Contribution and registration as on Sep 2023*.

🇮🇳SIP Monthly Contribution Rs 3698 cr in Sep 2016 Vs Rs 16042 Cr in Sep 2023  / 433.08%  / 4.34 times Growth in 7 Years

*38% of inflows from B-30 locations in Sep'23*

🇮🇳SIP AUM Rs 335572 Cr in Sep 2020 Vs Rs 870363 Cr in Sep 2023 - 259% Growth in 3 years.

🔹 *35% of SIP AUM from B-30 locations*

🔹 *82% of AUM from Regular Plan*

🇮🇳No of outstanding SIP accounts 3.33 Cr in Sep 2020 Vs 7.12 Cr in Sep 2023 - 214% Growth in 3 Years.

🔹66 % from Regular 

Plan and 34% from direct plan

🇮🇳Net SIP Registered 29.88 % in Sep 2020, Vs 43.89 % in Sep 2023.

🔹DII Flows have gone from strength to strength

🔹DII Flows were negative only once in last 9 years that too in Covid year 2021 Rs 80000Cr in FY 16 to Rs 256000Cr in FY 23.

🔹SIP AUM Coming from all cities indicating widespread adoption Rs 4.5 lakh cr from Top 30 cities and Rs 2.3 lakh cr from Beyond 30 Cities.

🔹Net SIP Flows account for 50% of overall DII Flows.

🔹Retail equity folios have grown at CAGR of 8%

🔹HNI equity folios have grown at CAGR of 28%

🔹FIIs have preferred India among all EMs and could continue doing so.

*Mutual fund Investments are subject to Market risks, read all scheme related documents carefully before investing*

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