Retail investors continued to pour money in mutual fundS through systematic investment plans (SIPs) as the industry received Rs 7,985 crore via this route in November, a rise of 35.44 per cent on a year-on-year basis.
However, the figure remained flat on month-on-month basis despite the volatility in the stock market, according to AMFI. SIP AUM increased to Rs 2.31 lakh crore in November from Rs 2.17 lakh crore in the previous month.