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SIP inflows down by ₹59 crore to ₹26,400 crore in January
The New Indian Express Kozhikode
|February 13, 2025
FOR the first time in many years, the incremental inflows into the systematic investments plans (SIPs) saw a marginal decline of ₹59 crore at ₹26,400 crore in January month-on-month basis after more than 25 lakh SIP folios were cancelled by stock exchanges.
The total assets managed by the mutual funds industry was at ₹67.25 lakh crore in January, a decline from ₹68.62 lakh crore in December; however, in a year-on-year basis, the industry saw a 27.5% growth. This is in spite of the fact that equity inflows continued to gain for a record 47th month of incremental inflows even though equity benchmarks declined 130 bps in the month.
This story is from the February 13, 2025 edition of The New Indian Express Kozhikode.
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