The monthly Systematic Investment Plan (SIP) inflows in March rose to Rs 32,087 crore, up nearly 7.5 per cent from Rs 29,845 crore in February, according to the data released by the Association of Mutual Funds in India (AMFI).
In the mist-draped hills of Cherrapunji, where the clouds descend like whispers and the rains write poetry across the red earth, a quiet revolution is brewing.
Indian mutual fund industry’s assets under management (AUM) saw significant growth over the last decade, as it increased by a whopping 524 per cent to 68.08 lakh crore in November 2024 from 10.9 lakh crore in November 2014.
India's economy stands at a critical juncture, shaped by evolving trends in consumer behaviour, investment patterns, and structural wage growth. Recent data underscores a complex mix of recovery and stagnation, pointing to significant headwinds that demand immediate attention.
Speaking at a CII event here, Buch said the initiative is being worked on in collaboration with the mutual fund industry.
Data reveals a parallel increase in India’s social media users and mutual fund investors, with social media subscribers growing from over 40 crores in 2017 to 83+ crores by 2022
A recent data has highlighted that the number of investors signing up for systematic investment plans (SIPs) of mutual funds far outnumber those discontinuing their SIPs.
Indian women turn smart investors, beat men in SIP investments
As per the recent data released by the Association of Mutual Funds of India (AMFI), the mutual fund industry’s AUM reached Rs 49.04 trillion in November, boosted by the benchmark indices hitting all-time highs during the month.
Equity mutual funds saw net inflows dip sequentially in July on the back of outflows from large-cap funds, but flows remained positive for the 29th consecutive month, says Deepak Jasani, Head of Retail Research, HDFC Securities.
