SIPs lose steam in the December quarter; investors wait & watch

While in year-on-year terms growth stood at a robust 35 per cent, it was still the lowest compared to the MF industry's past growth rates

The growth of systematic investment plans, or SIPs, has been the slowest in the December quarter. 

An analysis of the data released by the Association of Mutual Funds in India (Amfi) shows the average SIP contribution in September-December grew at its slowest pace of 4.6 per cent on a quarterly basis. 

“One-year SIP returns have been negative, which may start weighing on SIP flows. In the last two years, a lot of new investors started SIPs as strong trailing returns piqued their interest. However, their experience may have fallen short of their expectations,” said Swarup Mohanty, chief executive officer of