The rush among retail investors to test their luck with stock trading as the market hovers around record levels is restrained compared to the previous bull runs. Instead, they are placing their faith in mutual fund managers to manage their money. The growth in mutual fund systematic investment plans (SIPs) registrations in 2017 has outpaced the expansion in demat accounts. Most SIP money is flowing into equity and balanced funds.
This is a marked shift in investor behaviour from ..
