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The money coming into mutual fund (MF) schemes through systematic investment plans (SIP) has seen a 48 per cent jump this financial year. In the first seven months of 2017-18, nearly Rs 35,000 crore has come through SIPs, at an average of Rs 5,000 crore a month. In comparison, Rs 23,584 crore had come in — at an average of Rs 3,370 crore a month — in the corresponding period of 2016-17.
Flows through the SIP route, where an investor commits a fixed sum every month, have seen a drastic improvement over the years. Following the 2008 global financial
Flows through the SIP route, where an investor commits a fixed sum every month, have seen a drastic improvement over the years. Following the 2008 global financial
