India's mutual fund inflows fell 6% in Dec 2025 due to big debt fund outflows, despite record SIPs.

In December 2025, India's equity mutual fund inflows dipped 6% to ₹28,054 crore, driven by a 32% drop from the same month in 2024, though still above October levels. Flexi-cap funds led with ₹10,019 crore in inflows, while gold ETFs saw a surge to ₹11,647 crore. Despite strong retail interest in SIPs—reaching a record ₹31,002 crore—overall mutual fund assets declined to ₹79.98 lakh crore due to massive debt fund outflows of ₹1.32 lakh crore, primarily from liquid funds. SIPs for 2025 surpassed ₹3.04 trillion, reflecting sustained investor confidence, especially among younger demographics and smaller towns.