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Top Wealth-Creating Funds

Ninad Ramdasi
/ Categories: DSIJ_Magazine_Web, MF - Editorial, DSIJMagazine_App, Mutual Fund, Editorial
Top Wealth-Creating Funds

Amidst all the negatives facing the global economy and the financial markets, the Indian mutual fund industry looks like an ‘oasis’ if we go by the SIP money flow and the new investors added in the month of January this year. The new investors count increased to 3.70 crore i.e. an addition of 3.41 lakh MF investors in January. Investors have continued to show faith in mutual funds as is reflected by the monthly SIP flows of ₹13,856 crore in January. What is even more interesting to know is that 23 per cent of the total SIP flows have been invested through the direct channel.

 

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