SIP Stoppage Ratio Falls to 78.53% as Contributions Hit Record ₹32,490 Crore

Key Takeaways

• The SIP stoppage ratio declined to 78.53% in September 2026 from 81.05% in August, marking its fifth consecutive monthly fall.
• Monthly SIP contributions reached a record ₹32,490 crore, compared with ₹32,297 crore in August.
• September saw 63.26 lakh new SIP registrations against 49.68 lakh discontinued or completed SIPs.

New systematic investment plan registrations continued to exceed closures in September, while the amount invested through SIPs reached another monthly record.

The SIP stoppage ratio fell to 78.53%, down from 81.05% in August, according to AMFI data reported by Mint. September was the fifth consecutive month in which the ratio declined.

The stoppage ratio compares SIPs that were discontinued or completed during a month with new registrations. A reading below 100% means that new registrations outnumbered closures during the period.

That was the case in September. Investors registered 63.26 lakh new SIPs, while 49.68 lakh SIPs were discontinued or completed.

The value flowing through SIPs also set a new high. Monthly contributions increased to ₹32,490 crore, marginally above August's previous record of ₹32,297 crore. Compared with ₹29,361 crore in September 2025, contributions were about 11% higher year on year.

Outstanding SIP accounts increased to 10.89 crore, further illustrating the scale that systematic investing has reached within India's mutual fund industry.

The broader folio count also continued to expand. Total mutual fund folios reached around 28.62 crore during September, with approximately 27.12 lakh net folios added during the month.

The stoppage ratio is an industry participation indicator rather than a measure of investment performance. SIP registrations, closures and monthly contributions can move independently of market returns. September's data nevertheless show that fresh registrations continued to exceed discontinued and completed plans even as the overall monthly contribution amount reached a record.