SIP Investments Decline in October 2026: SIP Stoppage Ratio Rises to 116%, AMFI Report Reveals

India`s mutual fund industry has witnessed a slight decline in Systematic Investment Plan (SIP) contributions in October 2026, according to the latest data released by the Association of Mutual Funds in India (AMFI). While monthly SIP investments declined marginally, the number of discontinued or matured SIP accounts exceeded new registrations, pushing the SIP stoppage ratio to 116%.

The latest figures also highlight changing investor preferences across different mutual fund categories, with Large and Mid Cap funds attracting significant investments. Meanwhile, Gold Exchange Traded Funds (ETFs) witnessed a decline in inflows, while Silver ETFs recorded a notable increase.

1. SIP Investments Decline by 1% in October

Monthly SIP contributions, which stood at Rs. 32,490 crore in September 2026, declined by approximately 1% in October. The total investment through SIPs reached Rs. 32,160 crore during the month.

Although the decline is relatively small, it indicates a slight moderation in monthly contributions from mutual fund investors.

SIPs remain a popular investment option among individuals who prefer investing a fixed amount regularly rather than making a large one-time investment. The latest figures will therefore be closely watched by investors and the mutual fund industry.

2. SIP Stoppage Ratio Climbs to 116%

One of the major highlights of the October AMFI report is the increase in the SIP stoppage ratio.

Approximately 59 lakh SIP accounts were stopped or matured during October, while around 51 lakh new SIP accounts were opened. As a result, the SIP stoppage ratio increased to 116%.

This means the number of SIP accounts discontinued or matured was higher than the number of newly registered accounts during the month.

The trend has drawn attention to investor participation and the continuation of existing investment commitments. However, SIP account closures do not necessarily mean that all investors have withdrawn their money from mutual funds, as some may discontinue one SIP and start another investment.

3. Large and Mid Cap Funds Attract Highest Investments

Investor interest across different mutual fund categories also showed some changes in October.

While enthusiasm for small-cap stocks has cooled slightly, Large and Mid Cap funds emerged as the leading category, attracting Rs. 8,484 crore in new investments.

These funds invest in a combination of large-cap and mid-cap companies, offering investors exposure to businesses of different market capitalisations.

The strong inflows indicate the growing interest in this category during the reporting period.

4. Gold ETF Investments Fall, Silver ETFs Gain

Investments in precious metal ETFs recorded contrasting trends in October.

Gold ETF investments declined by 2 22% to Rs. 3,474 crore. In comparison, Silver ETF investments increased by 57%, reaching Rs. 3,092 crore.

The difference in investment flows highlights changing investor interest between gold and silver-related financial products.

Gold and silver ETFs allow investors to gain exposure to precious metals through the stock market without directly purchasing physical gold or silver. The latest figures show that silver ETFs attracted stronger investment flows during October, while gold ETFs experienced a decline.

5. Mutual Fund Industry AUM Reaches Rs. 83.39 Lakh Crore

Despite the moderation in SIP contributions, the overall assets under management (AUM) of India`s mutual fund industry continued to remain substantial.

According to the latest figures, the total AUM of the Indian mutual fund industry reached Rs. 83.39 lakh crore.

This reflects the significant scale of the mutual fund industry and its role in India`s growing investment market.

What Do the October AMFI Figures Indicate?

The October 2026 AMFI data presents a mixed picture of India`s mutual fund industry. While SIP contributions recorded a marginal decline and the stoppage ratio increased to 116%, Large and Mid Cap funds attracted substantial investments.

At the same time, gold and silver ETF investments moved in opposite directions, reflecting changing investment preferences.

For investors, these figures offer useful insights into market trends and fund flows. However, investment decisions should be based on individual financial goals, risk tolerance and investment horizons rather than monthly inflow figures alone.