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SIP Inflows in India Cross ₹26,000 Crore Mark for 1st Time in December: AMFI
The Statesman
|January 10, 2025
Monthly systematic investment plans (SIPs) surpassed the Rs 26,000 crore mark for the first time in the month of December, showcasing that small investors continue to rely on mutual funds for long-term investments, as per the data released by the Association of Mutual Funds of India (AMFI) on Thursday.
The SIP contribution during the last month stood at Rs 26,459 crore compared to 25,320 crore in November.
Along with SIPs, mutual fund (MF) folio also surged to 22.50 crore in December, from 22.02 crore in the previous month.
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