{
  "format": "india-by-the-numbers.series.v1",
  "id": "capital-markets/sip-churn",
  "name": "SIP contributions",
  "hub": "Capital markets",
  "topic": "SIP contributions",
  "moduleIds": [
    "sip-churn"
  ],
  "url": "https://data.indiadispatch.com/capital-markets/sip-contributions",
  "period": "June 2026",
  "periodKey": "2026-06",
  "latest": {
    "formattedValue": "₹317.81 billion · $3.34 billion",
    "change": "+2.67% since May 2026",
    "supportingFigures": "Systematic investment plans, or SIPs, arrange recurring mutual-fund investments. Gross contributions totalled ₹317.81 billion · $3.34 billion in June 2026. The separately verified account table reports 97.83 million contributing accounts for June 2026.",
    "inr": 317810000000,
    "usd": 3335537363.5600333
  },
  "source": {
    "name": "Association of Mutual Funds in India",
    "url": "https://www.amfiindia.com/mutual-fund"
  },
  "numericValue": 317810000000,
  "unit": "INR",
  "measure": "contribution_crore",
  "readingLabel": "Gross monthly SIP contributions",
  "readingValue": "₹317.81 billion · $3.34 billion",
  "comparison": {
    "status": "compared",
    "method": "percent-change",
    "value": 2.6717064030496784,
    "unit": "percent",
    "measure": "contribution_crore",
    "observationPeriod": "2026-06",
    "comparatorPeriod": "2026-05",
    "text": "+2.67% since May 2026"
  },
  "currencyValuation": {
    "basis": "converted-from-INR",
    "reference": {
      "rate": 95.28,
      "date": "2026-10-13",
      "provider": "ECB reference via Frankfurter",
      "sourceUrl": "https://api.frankfurter.dev/v1/latest?base=USD&symbols=INR"
    },
    "historicalRate": false
  },
  "cadence": "Monthly",
  "version": "4f36ddf289e269930ec412a90d2aace1be25d02b7226a08f291adc26170754e5",
  "dateModified": "2026-10-14T19:21:19.450Z",
  "coverage": "2026-04/2026-06",
  "notes": [
    "+2.7% compared with May 2026.",
    "Contributions are gross payments into plans, not mutual funds’ net inflows after redemptions. Accounts do not represent unique investors.",
    "Contribution observations end in June 2026. Account activity remains independently dated to June 2026; a monthly-note contribution does not update accounts or discontinued plans."
  ],
  "license": {
    "name": "Creative Commons Attribution 4.0 International",
    "url": "https://creativecommons.org/licenses/by/4.0/",
    "scope": "India Dispatch's original compiled tables and editorial text"
  },
  "sourceRights": "Underlying source publishers retain their own rights. This license does not grant rights to publisher documents, branding or other third-party material.",
  "attribution": "India by the numbers, SIP contributions, June 2026, https://data.indiadispatch.com/capital-markets/sip-contributions. Source: Association of Mutual Funds in India.",
  "valueRepresentation": "Table cells are the publication's formatted observations, with units retained. Missing observations are not zero. Numeric latest amounts, where present, are separately labelled INR and USD.",
  "tables": [
    {
      "title": "Gross monthly SIP contributions",
      "columns": [
        "Month",
        "Contributions"
      ],
      "source": {
        "name": "Association of Mutual Funds in India",
        "url": "https://www.amfiindia.com/mutual-fund"
      },
      "rows": [
        {
          "id": "2026-04",
          "cells": [
            "April 2026",
            "₹311.15 billion · $3.27 billion"
          ]
        },
        {
          "id": "2026-05",
          "cells": [
            "May 2026",
            "₹309.54 billion · $3.25 billion"
          ]
        },
        {
          "id": "2026-06",
          "cells": [
            "June 2026",
            "₹317.81 billion · $3.34 billion"
          ]
        }
      ]
    },
    {
      "title": "Separately dated contributing accounts",
      "source": {
        "name": "Association of Mutual Funds in India",
        "url": "https://www.amfiindia.com/mutual-fund"
      },
      "columns": [
        "Month",
        "Contributions in the complete account cohort",
        "Contributing accounts"
      ],
      "rows": [
        {
          "id": "2026-04",
          "cells": [
            "April 2026",
            "₹311.15 billion · $3.27 billion",
            "96.49 million"
          ]
        },
        {
          "id": "2026-05",
          "cells": [
            "May 2026",
            "₹309.54 billion · $3.25 billion",
            "96.41 million"
          ]
        },
        {
          "id": "2026-06",
          "cells": [
            "June 2026",
            "₹317.81 billion · $3.34 billion",
            "97.83 million"
          ]
        }
      ]
    },
    {
      "title": "Account registrations and discontinuations",
      "source": {
        "name": "Association of Mutual Funds in India",
        "url": "https://www.amfiindia.com/mutual-fund"
      },
      "columns": [
        "Month",
        "New accounts",
        "Discontinued accounts",
        "Outstanding accounts"
      ],
      "rows": [
        {
          "id": "2026-04",
          "cells": [
            "April 2026",
            "5.07 million",
            "5.13 million",
            "104.43 million"
          ]
        },
        {
          "id": "2026-05",
          "cells": [
            "May 2026",
            "5.42 million",
            "5.17 million",
            "104.67 million"
          ]
        },
        {
          "id": "2026-06",
          "cells": [
            "June 2026",
            "5.55 million",
            "5.06 million",
            "105.16 million"
          ]
        }
      ]
    }
  ],
  "downloads": {
    "json": "https://data.indiadispatch.com/data/series/capital-markets/sip-contributions.json",
    "csv": "https://data.indiadispatch.com/data/series/capital-markets/sip-contributions.csv"
  },
  "publicationArchive": "https://data.indiadispatch.com/archive/capital-markets/sip-contributions"
}