New Delhi, Nov. 11 -- More investors discontinued their systematic investment plans (SIPs) than registered new ones in October, pushing the SIP stoppage ratio to 116%, its highest level since April 2025, according to data from the Association of Mutual Funds in India (Amfi).

The SIP stoppage ratio measures the number of SIPs discontinued or whose tenure has ended against the number of new SIPs registered during a month. A ratio above 100% indicates that more SIPs were stopped than new ones started.

In October, 5.9 million SIPs were either discontinued or completed their tenure, while 5.1 million new SIPs were registered. The stoppage ratio was 79% in September.

The rise in SIP closures coincided with a broader slowdown in equity mutual...