₹8,123 crore in May amid market volatility and uncertain economic environment due to the coronavirus pandemic NEW DELHI : Investment in mutual funds through Systematic Investment Plans (SIPs) hit a 11-month low of ₹8,123 crore in May amid market volatility and uncertain economic environment due to the coronavirus pandemic.Notably, this was the 18th consecutive month when SIP inflows remained over ₹8,000-crore mark.The mutual fund industry raised ₹8,123 crore though the SIP route last month, lower than ₹8,376 crore mopped up in April, according to the latest data from the Association of Mutual Funds in India (Amfi).In May last year, SIP collection stood at ₹8,183 crore.The inflow in May 2020 was the lowest since June 2019, when investment.