In December 2025, Indian mutual fund investors saw record inflows into Gold ETFs, reaching Rs 11,647 crore, driven by gold's rally and safe-haven demand amid global uncertainty. Equity mutual fund inflows dipped slightly to Rs 28,054 crore, though Systematic Investment Plans (SIPs) hit a record Rs 31,002 crore. Overall, the mutual fund industry experienced a net outflow of Rs 66,591 crore, with AUM easing to Rs 80.2 lakh crore.