News From Press SIPs gain investor interest in October, garner over Rs 5,600 crore

SIPs gain investor interest in October, garner over Rs 5,600 crore

Source: Moneycontrol Nov 16, 2017

Systematic investment plans, popularly known as SIPs, continued to remain the favourite investment option among retail investors for investing in mutual funds last month.

According to the data on Association of Mutual Funds in India, industry garnered Rs 5,621 crore through SIPs in October. In comparison, fund houses collected Rs 5,516 crore in September.

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