In the current year, investors are noticing a strange thing in the financial services space. While the 30-share Sensex is hitting a new high , the portfolio of most investors is not reflecting the same growth. On hindsight, one can attribute certain reasons for this divergence. Over the last many months, it is the domestic investors who have been increasingly investing in mutual funds contributing to the rise in Sensex and Nifty.
In the last six months, Systematic Investment Plans (SIP) have witnessed a steady growth. As per AMFI data, SIPs in January 2018 was Rs 6,425 crore which increased to Rs 7,554 crore in June, a growth of over 17%.
