News From Press SIP inflows hit 11-month low in May amid market volatility

SIP inflows hit 11-month low in May amid market volatility

Source: PTI/The Economic Times Jun 13, 2020

Investment in mutual funds through Systematic Investment Plans (SIPs) hit a 11-month low of Rs 8,123 crore in May amid market volatility and uncertain economic environment due to the coronavirus pandemic.

Notably, this was the 18th consecutive month when SIP inflows remained over Rs 8,000-crore mark.

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