Mutual fund SIP stoppage ratio soars up to 300% in April amid volatility

Mutual fund SIP stoppage ratio surged 297.74% in April against 128.27% in March and 52.24% in April 2024, indicating that more mutual fund investors either stopped their SIPs or their existing SIP tenures ended, compared to the number of new SIPs registered.

The number of SIPs discontinued/ tenure completed in April were recorded at 136.99 lakh whereas the number of new SIPs registered in the same period stood at 46.01 lakh.

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In the new financial year, FY26, the total number of outstanding SIP accounts were recorded at 914.41 lakh. For FY25, the SIP stoppage ratio is recorded at 75.63% in which the number of SIPs discontinued were 514.17 lakh and the number of new SIPs registered were 679.85 lakh.

The number of contributing SIP accounts were recorded at 838.25 lakh and the SIP contribution was recorded at Rs 26,632 crore in FY26.

What is the SIP stoppage ratio?


The SIP stoppage ratio is the number of discontinued SIPs compared to the number of new registered SIPs. If this ratio crosses 100% then it indicates that more mutual fund SIPs are being stopped than the ones started.

However, one must keep in mind that stoppage ratio also includes those SIPs that have expired. Besides, investors may have simply switched from one SIP to another as part of their portfolio reshuffle.

According to the monthly data released by AMFI, the mutual fund SIP inflows were at record high levels in April as the inflows surged by 3% to Rs 26,632 crore against Rs 25,926 crore in March.

The retail mutual fund folios which includes equity + hybrid + solution oriented schemes were at 18,71,05,719 for the month of April 2025 and for the month of March were at 18,58,24,290

The retail AUM (Equity + Hybrid + Solution Oriented Schemes) stood at Rs 40,29,311 crore for April 2025 while the March 2025 AUM was Rs 38,83,966 crore.

Also Read | Small & mid cap MF inflows dip marginally, both attract over Rs 3,000 crore in April

The mutual fund folios were at 23,62,95,024 as of April 2025 against 23,45,08,071 as of March 2025. The SIP AUM is at Rs 13.89 lakh crore for the month of April 2025 against Rs 13.35 lakh crore for the month of March 2025.

“Systematic Investment Plan (SIP) contributions surged to an all-time high of ₹26,632 crore in April, driven by a steady increase in the number of contributing accounts, which now total 8.38 crore. This continued growth reflects the rising preference among investors for mutual funds as a disciplined and effective tool for long-term savings,” said Venkat Chalasani, Chief Executive, AMFI

“The trend underscores a growing awareness among investors of the importance of staying invested through market cycles and systematically building wealth over time. AMFI remains committed to fostering financial literacy and promoting simple, consistent investment habits that support long-term financial well-being,” he added.

He further added, “While geopolitical developments and border tensions may introduce short-term market volatility, investors are encouraged to stay focused on their long-term financial goals. Reacting impulsively to temporary market movements can derail investment strategies. India's economic fundamentals remain resilient, and the long-term growth outlook continues to be strong and promising.”