SIP Contributions Reach ₹2.84 Lakh Crore in First Nine Months of 2026

Key Takeaways:

• Mutual fund SIP contributions totalled approximately ₹2.84 lakh crore between January and September 2026. 
• September SIP contributions reached ₹32,490 crore, up from ₹29,361 crore in September 2025. 
• Foreign institutional investor selling in Indian equities reached about ₹3.08 lakh crore during 2026, highlighting the scale of domestic systematic flows. 

Systematic investment plan contributions into mutual funds totalled approximately ₹2.84 lakh crore during the first nine months of calendar year 2026, as recurring retail investments remained strong despite weak equity markets and heavy selling by foreign investors. 

The figure is derived from the Association of Mutual Funds in India's monthly SIP contribution data from January through September. 

SIP contributions stood at ₹31,002 crore in January, ₹29,845 crore in February and ₹32,087 crore in March. Contributions between April and September totalled ₹1,90,598 crore, taking the January-September aggregate to ₹2,83,532 crore. 

Monthly contributions remained above ₹30,000 crore throughout the first half of FY27. 

September recorded ₹32,490 crore, compared with ₹32,297 crore in August and ₹29,361 crore in September 2025. 

SIP assets stood at ₹17.86 lakh crore at the end of September, while the number of contributing SIP accounts was around 10.06 crore. Outstanding SIP accounts reached approximately 10.89 crore. 

The sustained contributions have come during a period of unusually heavy foreign selling. 

Foreign institutional investors had sold around ₹3.08 lakh crore of Indian equities during 2026 by October 26, according to data cited by Business Standard. 

The comparison does not imply that SIP investments directly offset FII selling on a rupee-for-rupee basis. SIP money can flow across different mutual funds and is subsequently deployed by asset managers according to each scheme's mandate, while foreign flows reflect transactions by a separate group of investors. 

It does, however, show the scale that systematic domestic investing has reached. 

For comparison, total SIP contributions during the entire FY26 financial year were ₹3.50 lakh crore. In the first six months of FY27 alone, contributions reached ₹1.91 lakh crore. 

The September figures indicate that recurring mutual fund investments remained elevated even as equity-market volatility affected asset values and broader investor sentiment.