AMFI Data Feb 2026: SIP Stoppage Ratio
Rises to 75.62% Amid Strong Inflows

Bonvista Financial Services Pvt. Ltd.

17 Mar, 2026

The Association of Mutual Funds in India (AMFI) recently released its data for February 2026. A key takeaway is the marginal rise in the SIP Stoppage Ratio, which reached 75.62%, up from 74.83% in January.

While a rising ratio might sound concerning, it’s important to look at the "why" behind the numbers. This shift often points to portfolio rebalancing and natural cycle completions rather than market panic.

Understanding the SIP Stoppage Ratio

The SIP stoppage ratio measures the number of SIPs stopped, completed, or discontinued against the number of new SIPs registered in the same month. It is a vital health check for investor behavior and churn.

The February 2026 Breakdown:

New SIP Registrations: 65.72 lakh (down from 74.11 lakh in Jan).
SIPs Discontinued/Completed: 49.70 lakh (down from 55.46 lakh in Jan).
Why the ratio rose: Even though fewer people stopped their SIPs in February compared to January, the number of new registrations fell even faster, causing the ratio to climb.

Why Did SIP Inflows Dip Slightly?

Monthly SIP contributions saw a 4% dip, falling from ₹31,002 crore in January to ₹29,845 crore in February. This was the first time in three months that inflows dipped below the ₹30,000 crore mark.

However, analysts suggest there's no need to worry. The "Short Month" Effect played a big role. Since February has fewer days, SIP installments scheduled for the 29th, 30th, or 31st are typically processed in early March instead.

The Bigger Picture: 15% Year-on-Year Growth

Despite the monthly dip, the long-term trend remains incredibly strong:

February 2026 Inflows: ₹29,845 crore
February 2025 Inflows: ₹25,999 crore

This represents a 15% increase compared to last year. Furthermore, retail participation is booming. The number of retail mutual fund accounts reached 20.64 crore in February, with total retail Assets Under Management (AUM) standing at a massive ₹47.14 lakh crore.

The Rise of the New Investor

Experts note that the backbone of this growth is coming from Gen Z, women investors, and residents of Tier-2 and Tier-3 cities. This shift shows that disciplined investing is becoming a core part of India’s savings habit.

However, with global uncertainties and war situations, investors are advised to stay cautious and avoid emotional decisions.

5 Common Mistakes to Avoid in a Volatile Market

To grow your wealth effectively, avoid these common investment pitfalls:

Investing Without a Goal: Don’t invest just because others are. Have a clear financial target.
Skipping Research: Whether you are a DIY investor or use an advisor, understand where your money is going.
Panic-Stopping SIPs: Withdrawing your money during a market dip often locks in losses.
Poor Asset Allocation: Don't put all your eggs in one basket. Balance your portfolio.
Chasing Past Returns: High returns in the past don't guarantee future performance. Stick to your risk appetite.