Strong SIP Inflows Reflect Investor Confidence

Strong SIP Inflows Reflect Investor Confidence

In February we saw a monthly inflow of Rs 13,686 crore. Interestingly, the live SIP accounts increased by 6.63 lakhs in February.

The mutual fund industry is growing in India and is supporting market inflows like never before. In February we saw a monthly inflow of Rs 13,686 crore. Interestingly, the live SIP accounts increased by 6.63 lakhs in February. This takes the live SIP count to 6.28 crore. Equity schemes form the chunk (84 per cent) of the live accounts with 5.29 crore live counts followed by hybrid and index funds and Debt Funds. These inflows by the domestic investors reflect the maturity of the investors and the confidence they have in the strength of the Indian macros. 

Rate this article:
5.0

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary23-Apr, 2024

Dividend23-Apr, 2024

Penny Stocks23-Apr, 2024

Penny Stocks23-Apr, 2024

Multibaggers23-Apr, 2024

Knowledge

Fundamental21-Apr, 2024

General21-Apr, 2024

Technical19-Apr, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR