Retail investors push SIP inflows to record high in September despite volatile markets

SIP inflows hit record Rs 32,490 crore in September despite muted returns. Equity mutual funds continued to attract strong interest in September despite a challenging geopolitical environment and muted equity market returns. Retail investors remained undeterred as contributions through systematic investment plans (SIPs) hit another record high of Rs 32,490 crore during the month, according to data from the Association of Mutual Funds in India (AMFI). When asked whether a prolonged period of muted equity returns could dent retail investors' sustained confidence, AMFI President Venkat Chalasani emphasised that equity mutual funds are long-term investment tools, offeri