Indian mutual fund SIP accounts stood at 1.59 crore, with Rs 5,206 crore collected in August, say report from EdelweissBSE -0.70 % Research. This is the highest that mutual funds have reached.
AMFI data shows that the mutual fund industry added about 86 lakh SIP accounts every month on an average during the FY 2017-18, with an average SIP size of about Rs 3,275 per SIP account.