• Equity inflow performance: Net equity inflows remained strong at ₹38,000 crore, expanding to ₹53,821 crore when accounting for ETFs and index funds, supported by monthly SIP inflows of ₹31,000 crore.
• Category allocation trends: Flexi Cap emerged as the top-performing equity category by capturing over ₹10,000 crore in inflows, while mid- and small-cap funds attracted around ₹6,000 crore and large-cap inflows lagged at ₹2,000 to ₹2,500 crore.
• SIP growth trajectory: Retail investors demonstrated maturity by avoiding panic redemptions during market volatility, with long-term projections estimating monthly SIP contributions will reach ₹50,000 crore by FY28–FY29.
• Gold allocation stance: Feroze advised against further investment in gold and gold ETFs, noting that Indian households already hold ₹2 crore crore in gold and recent price gains have been largely cushioned by rupee depreciation rather than sustainable upside.