Indian investors could see Rs 250 per month SIP soon: SEBI Chief
Speaking at a CII event here, Buch said the initiative is being worked on in collaboration with the mutual fund industry.
Speaking at a CII event here, Buch said the initiative is being worked on in collaboration with the mutual fund industry.
Data reveals a parallel increase in India’s social media users and mutual fund investors, with social media subscribers growing from over 40 crores in 2017 to 83+ crores by 2022
A recent data has highlighted that the number of investors signing up for systematic investment plans (SIPs) of mutual funds far outnumber those discontinuing their SIPs.
Indian women turn smart investors, beat men in SIP investments
As per the recent data released by the Association of Mutual Funds of India (AMFI), the mutual fund industry’s AUM reached Rs 49.04 trillion in November, boosted by the benchmark indices hitting all-time highs during the month.
Equity mutual funds saw net inflows dip sequentially in July on the back of outflows from large-cap funds, but flows remained positive for the 29th consecutive month, says Deepak Jasani, Head of Retail Research, HDFC Securities.
Historical data suggests that the Systematic Investment Plan (SIP) which has delivered comparatively lower returns in the initial 5 years, has delivered a better return on 10 years basis on an average, as per a study, conducted by WhiteOak Capital Mutual Fund.
Systematic investment plan (SIP) contribution crossed the Rs 13,000 crore mark in October, according to data released by the Association of Mutual Funds of India (AMFI).
