Indian mutual funds have directed a massive ₹5.79 trillion into equities during the first nine months of 2025, anchoring markets amid substantial foreign investor outflows. SIP contributions surged 28 % year-on-year to ₹2.46 trillion, according to industry data. The inflows reflect rising retail participation and growing confidence in local funds, contrasted by foreigners’ net equity selling of over ₹1.5 trillion in the same period. While the Nifty has delivered modest gains, sustained domestic buying is viewed as a key underpinning for Indian equities going forward.