 "SIP")
The average ticket size of systematic investment plans (SIPs) is on the wane, even as the total inflows through this route have been marching northwards.
According to data compiled by Motilal Oswal Financial Services, the average SIP investment per investor has declined gradually from Rs 2,860 in April 2019 to Rs 2,200 in October this year – 23.07 per cent in three and a half years.
The industry attributes the gradual decline in SIP ticket size to the growing penetration of mutual funds (MFs) on the back of rising ease of investment.
The past few years have seen the emergence
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