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  • News From Press Mutual funds collect Rs 8,055 crore via SIP in March

    Mutual funds collect Rs 8,055 crore via SIP in March

    Source: The Economic Times Apr 9, 2019


    Retail investors continue to invest in mutual funds through Systematic Investment Plan or SIP. Mutual funds witnessed inflows worth Rs 8,055.35 crore via SIP in March, 13 per cent higher on year-on-year basis. February saw SIP collections worth Rs 8,094 crore. Month-on month, the SIP collections have fallen marginally by 0.5 per cent.

    “We have always seen an uptrend in SIP numbers. Though a month-on-month basis the collections have fallen but that is very marginal. We do not see any slo ..

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