Oil uncertainty makes retail investors slow equity mutual fund buying in April despite growing AUM

SIPs dipped even as overall AUM jumped sharply

Retail investors put ₹38,440 crore into equity mutual funds in April, down from ₹40,450 crore in March, as oil price uncertainty clouded the outlook for India’s economy. SIP collections also eased to ₹31,115 crore, while the number of SIPs discontinued roughly matched new starts. Still, total assets under management rose 11.49% to ₹81.92 lakh crore, boosted by debt fund inflows and equity market gains. Overseas fund-of-funds saw increased bets, while flexi cap led equity allocations.