The number of SIP accounts saw a significant 59% increase, growing from 5.28 crore to 8.4 crore between March 2022 and March 2024.
The clarification came following media reports of stagnant net inflows even as gross SIP inflows continue to rise
As per the FundsIndia Research Report, by investing Rs 30,000 per month with a 10% annual increase in contribution, you can achieve your first Rs 50 lakh in 7 years at an assumed rate of 12%.
Between January and May 28, DIIs have purchased shares worth Rs 1.97 trillion. In May alone, DIIs bought shares worth Rs 44,952.16 crore
For those wary of market valuation, employing STP-placing funds in fixed-income mutual funds and gradually shifting to equity over 12-18 months-is a prudent strategy.
Investors are placing significant bets on systematic investment plans, or SIPs, with inflows rising to Rs 1.66 lakh crore in the first 11 months of 2023, while Sebi's decision to lower the ticket size to Rs 250 will further boost investment. The total invested in the first 11 months this year is way higher than Rs 1.5 lakh crore through the route in the entire 2022, Rs 1.14 lakh crore in 2021, Rs 97,000 crore in 2020, as per data with the Association of Mutual Funds in India (AMFI). Going ahead, Akhil Chaturvedi, Chief Business Officer of Motilal Oswal AMC, anticipated a sustained and healthy year-on-year growth in overall SIP participation. "With a buoyant economic outlook and increased market participation, investors are likely to continue favouring SIPs as a disciplined and accessible investment avenue. The ongoing strength in the market, coupled with the potential for healthy returns, reinforces our belief that the upward trend in SIPs will persist throughout 2024," he ...
Average net SIP inflows in the first five months FY24 at Rs 6,170 crore, down from Rs 7,000 crore last fiscal
The SIP book has grown consistently from Rs 11,305 crore in December 2021 to an all-time high of Rs 13,573 crore in December 2022
Net SIP investments at Rs 3,260 cr in Nov, the lowest since Oct 2021
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
Yet net investments in active equity schemes slump 33% in same month, shows Amfi data
Investors are betting big on systematic investment plans or SIPs to generate long-term wealth, with monthly flows in the mutual fund industry through the route rising to an all-time high of Rs 13,040 crore in October. This surpassed the Rs 12,976 crore inflow seen in September, data with Association of Mutual Funds in India (AMFI) showed on Thursday. The inflows through SIPs have been above the Rs 12,000-crore mark since May. It was at Rs 12,140 crore in July, Rs 12,276 crore in June and Rs 12,286 crore in May. Prior to that, it was at Rs 11,863 crore in April. With this, total inflow has reached over Rs 87,000 crore in the first seven months of the current fiscal. This came following an inflow of over Rs 1.24 lakh crore in the 2021-22 financial year. "Markets continue to react to the global factors and domestic rate hikes. However, mutual fund investors have shown resilience and continue to invest in SIPs, with consistent contribution month on month. There is growth in overall equ
Investment advisors recommend the SIP route for investment in volatile asset classes to maximise the benefit of rupee cost averaging
Neither day of the month nor frequency of SIP has a material impact on returns
Debt schemes account for 2% of the net inflows, passive schemes 8%
Investors pulled out around Rs 6,580 crore from their SIP accounts in MF schemes for the pre-festive splurge
'Every investor's time horizon and risk appetite is different hence I can't give a single answer for a diverse investor base'
SIP inflows surged 2 per cent month-on-month (MoM) in September to Rs 12,980 crore, according to the latest data released by the Association of Mutual Funds in India (Amfi).
In September, there were around 38 million active or live SIPs equity accounts
A SIP lets investors commit a fixed sum every month, compared to putting in a large sum at once.