Mutual Fund Stoppage Ratio Slips 72% in May — All You Need to Know

Mutual fund stoppage ratio fell to 72.12% in May, against 297.74% in April and 88.38% in May 2024. The previous month’s figure indicates more SIPs were registered than those discontinued or completed.

Last month over 42.66 lakh SIPs were discontinued or completed, while 59.15 lakh new SIPs came into effect. However, in April, over 136.99 lakh SIPs were discontinued or completed, leaving registration of only 46.01 lakh new SIPs.

“The Indian mutual fund industry has crossed Rs 70 lakh crore in AUM, reaching new highs driven by resilient retail participation and consistent SIP inflows. The growth of SIPs is particularly encouraging, indicating a shift towards disciplined, long-term investment,” said Venkat Chalasani, Chief Executive, AMFI.

“Monthly SIP contributions stood at a record Rs 26,688 crore, with the number of contributing accounts rising to an all-time high of 8.56 crore,” he added.

In May, outstanding SIP accounts clocked at 905.57 lakh, while contributing SIP accounts hit an all-time high of 856 lakh. SIP contributions touched ₹26,688 crore last month.

Notably, SIP stoppage ratio shows the number of discontinued SIPs against the newly registered SIPs. A figure above 100% indicates that more SIPs have been discontinued or stopped than started.

The SIP AUM in May came at ₹14.61 lakh crore in May 2025, compared to ₹13.89 lakh crore in April 2025.

Total mutual fund folios soared to 23,83,12,770 in May, against 23,62,95,024 in April 2025.

“Gross SIP flows remained steady at Rs 26,688 crore. Amid an uncertain environment and volatility, we urge investors not to panic and to continue investing in a disciplined manner to achieve their long-term financial goals,” said Harshad Patwardhan, Chief Investment Officer at Union Asset Management Company.