Monthly systematic investment plan (SIP) numbers in India surged to Rs 24,508.73 crore in the month of September, up from Rs 23,547.34 crore in August, which is a 4 per cent increase, the Association ...
This shows that SIPs are becoming an increasingly popular method of investing among both new and old investors.
For the month contributing SIPs grew from 8.38 crores to 8.56 crores. After hitting a high of nearly 300 percent in April, SIP stoppage came down to around 73 percent for the month of May. Data from ...
Suranjana Borthakur of Mirae Asset Investment, says SIP numbers are encouraging and continue to remain above Rs 26,000 crore for the second month. But investors should not look at very short-term ...