The August SIP contribution was ₹1,182 crore higher than July, translating into a 3.8% month-on-month increase.
The industry recorded 66.39 lakh new SIP registrations during August, while 53.82 lakh SIPs were discontinued during the month.
The latest data comes as net equity mutual fund inflows also increased to ₹29,315 crore in August, from ₹24,685 crore in July.
SIP flows have remained a key component of mutual fund mobilisation, with investors making regular contributions rather than investing a lump sum at one go.
Separately, the mutual fund industry recorded ₹10,161 crore of total ETF inflows in August. Equity ETFs accounted for ₹7,237 crore, while gold ETFs received ₹2,597 crore and silver ETFs saw ₹1,271 crore in inflows.
Specialised Investment Funds (SIFs) recorded ₹7,699 crore of inflows during August, according to the AMFI data.
