Mutual fund SIP stoppage ratio jumps to 128% in March; 51 lakh folios closed

India's mutual fund SIP stoppage ratio rose to 128.27% in March from 122.76% in February, as 51.55 lakh SIPs were discontinued or completed while only 40.19 lakh new SIPs were initiated. FY25's stoppage ratio stands at 75.63%, up from 52.41% in FY24, indicating cautious investor sentiment and increased portfolio reshuffling despite stable inflows.