Flows into equity schemes through SIPs touched Rs 8263 crore in September compared to Rs8,230 crore in August. This is the tenth consecutive month when monthly SIP collections have stayed above Rs 8000 crore.
"Although SIP inflow has stabilized, disenchantment towards SIP in the past few months is being reflected both in terms of new SIP registrations as well as in the number of discontinuations," said Rajan Jain, analyst at SBICap Securities. "We expect SIP gross inflows to consolidate ..
