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News From Press Mutual funds collect Rs 8,095 crore via SIP in February

Mutual funds collect Rs 8,095 crore via SIP in February

Source: The Economic Times Mar 15, 2019


Retail investors continue to invest in mutual funds through SIP. Mutual funds received Rs 8,095 crore of its assets through SIP in February 2019, 26 per cent higher year-on-year, shows data from Amfi. Mutual funds collected Rs 8,064 crore through SIPs in January 2019.

“Amid global uncertainty, tension at the border, liquidity tightness and credit events, retail investor behaviour to stay invested is quite heartening. The continued healthy confidence that retail investors are showing, as i ..

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