August saw mutual fund SIP inflows soar to an unprecedented Rs 32,297 crore. The stoppage ratio has now dropped for four consecutive months to 81.05%, signaling improving investor engagement. Notably, new SIP registrations outpaced those that were suspended or completed. This growing confidence is reflected in over 10 crore SIP accounts, contributing to a total market asset valuation of Rs 87.08 lakh crore for the Indian MF industry.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.