Investment in equity mutual funds down 14.4 percent to 11-month low, impact of trade war

New Delhi| Investments in equity mutual funds declined 14.4 per cent on a monthly basis to an 11-month low of Rs 25,082.01 crore in March, 2025, due to turmoil in stock markets amid the tariff war. Earlier in March, 2024, the lowest investment was Rs 22,633 crore. Despite the decline, March is the 49th consecutive month, when investment in this category continues. According to data released by the Association of Mutual Funds in India (Amfi) on Friday, this is the third consecutive month when equity mutual fund investment has declined. In December, 2024, investors had invested 41,156 crore in this category, which dropped to 39,687 crore in January and 29,303 crore in February.

SIP: Lowest in four months
Investment in mutual funds through Systematic Investment Plan (SIP) declined marginally to 25,926 crore in March, 2025. This is a four-month low since November, 2024. At that time, 25,320 crore investments had come into SIP. In February, 2025, the figure was Rs 25,999 crore.

1.5 million accounts closed
The total number of SIP accounts declined to 8.11 crore in March from 8.26 crore in February. That means close to 1.5 million SIP accounts were closed last month. More than 40.18 lakh new SIP accounts have also been registered during this period.

Maximum 5,615 crores came into flexi cap fund
Among equity categories, Flexi Cap Fund had the highest investment of 5,615 crore. Investment of 4,092 crore in smallcap funds, 3,439 crore in midcap and 2,753 crore in multicap. Investment of 2,718 crore came in large-midcap. People in the sectoral fund, which got the highest investment of 5,712 crore in February, invested just Rs 170 crore in March.