In tandem with the wider recovery seen in the mutual fund investments segment in July, Systematic Investment Plan (SIP) contributions also hit a record high of ₹28,464 crore in the month, data from the Association of Mutual Funds in India (Amfi) showed Monday. The number of new SIPs registered stood at 6.86 million in July. Meanwhile, gold ETFs marked the third consecutive month of positive inflows. 

The SIP contributions scaled the ₹28,000-crore peak from June’s ₹27,268.79 crore. Experts attribute the robust performance of the mutual fund segment to investor maturity and the resilience of the Indian market despite global volatility. "SIP numbers…could reach the ₹30,000-crore monthly milestone soon. This reflects growing investor maturity, rising financial awareness, greater digital access, and sustained market confidence. The resilience of the Indian markets, despite global uncertainties, is remarkable. Using corrections as opportunities is wise, but in the long run, systematic investing remains the most powerful approach,” said Suranjana Borthakhur, head of distribution & strategic alliances, Mirae Asset Investment Managers (India). 

The SIP AUM fell a tad by 0.72% from ₹15.30 lakh crore in June to ₹15.19 lakh crore in July. Overall, the industry AUM scaled to a record ₹75.36 lakh crore. "The steady growth in SIP inflows brings significant reassurance, as it helps reduce market volatility. We also view rising SIP investments as an early indicator of job creation and economic strength. The record-high monthly SIP inflow of ₹28,464 crore reflects a positive outlook for India’s economy,” said Jyoti Prakash, managing partner–equity and PMS, AlphaaMoney.

On the other hand, gold ETFs witnessed net inflows of ₹1,256 crore in July 2025, moderating from the robust ₹2,081 crore recorded in June, but still marking the third consecutive month of positive inflows. "The sustained demand reflects gold’s continued appeal as a portfolio diversifier amid lingering macro uncertainties, including volatile global interest rate expectations and geopolitical risks," said Nehal Meshram, senior analyst–manager research, Morningstar Investment Research India.

"While prices have remained elevated, investor interest appears supported by central bank buying trends globally and persistent concerns over equity market volatility. Domestic investors are also likely viewing gold allocations as a tactical hedge ahead of key economic data releases and policy decisions in the coming months," said Meshram.

Year-to-date, gold ETFs have garnered cumulative inflows worth more than ₹9,277 crore, underscoring their growing role as a strategic allocation in portfolios, both for wealth preservation and as a counterbalance to risk assets, he added.