The plain-vanilla SIP, however, is simple and doesn't require a lump sum
Investors are betting big on systematic investment plan or SIP to generate long-term wealth with monthly flow in the mutual fund industry through the route continuing to be over Rs 12,000 crore for the past four months. In fact, inflows through the SIP route touched an all-time high of Rs 12,693 crore in the month of August, a latest data with Association of Mutual Funds in India (AMFI) showed. The inflows through SIP has been growing above 12,000-crore mark since May. It was at Rs 12,140 crore in July, Rs 12,276 crore in June, Rs 12,286 crore in May. Prior to that, it was at Rs 11,863 crore in April. With this, total inflow has reached to Rs 61,258 crore in the first five months of the current fiscal. This came following an inflow of over Rs 1.24 lakh crore in the 2021-22 financial year. Investors are flocking towards the SIP route for making investments as it helps investors, especially the salaried people, make the investment process simpler. "Investors don't have to think abou
Experts say recent returns are a huge factor impacting incremental inflows into the market
The figure is 18% below monthly average for the year; However, sustained inflows into SIPs endured for 16th straight month
Brokers will not be allowed to accumulate investors' funds; investors have to verify their personal details online
In May, 1.97 million new SIPs got registered - nearly 15 per cent lower than the previous five-month average of 2.3 million - reveals the data provided by Amfi
Over past decade, strong retail flows have coincided with declining / low deposit rates, said analysts at Jefferies, who expect the deposit rates to go above the 7 per cent level with a lag
This comes following a net outflow of Rs 25,966 crore during 2020-21, data with Association of Mutual Funds in India (Amfi) showed
Strong SIP inflows will help cushion the blow, they add
Strong SIP inflows will help cushion the blow, they add
Amfi data shows that in February, 2.34 million new SIP accounts were opened compared to 2.65 million in January
19.5 mn new SIPs registered till December-end vs 14.1 mn in the whole of last year
The inflow pushed the asset base of equity mutual funds (MFs) to Rs 12.8 trillion by September-end, from Rs 11.1 trillion at the end of June
Monthly SIP book nears Rs 10,000 cr, new SIP registration & AUM hit record highs
The company on Tuesday reported a 26.52 per cent year-on-year (YoY) growth in profit after tax (PAT) at Rs 316.08 crore for the three months to March 2021
The revival in flows and an uptick in new accounts is an encouraging sign for the Rs 32-trillion domestic mutual fund industry
Industry in January registered over 1.6 million SIPs, 58 per cent more than the previous nine-month average
Experts say move could give clearer picture on impact on flows in current conditions
In a Q&A, the MD & CEO of Kotak AMC explains why SIPs make a good bet in the current scenario and why leveraging can prove disastrous
Many fund houses don't yet offer the pause facility but are scrambling to put one in place for investors