News From Press SIP inflows drop for 6th month in Sept; investors prefer to maintain liquidity

SIP inflows drop for 6th month in Sept; investors prefer to maintain liquidity

Source: PTI/The Economic Times Oct 14, 2020

Investment in mutual funds through SIPs remained lacklustre with inflow dropping for the sixth-consecutive month to Rs 7,788 crore in September amid challenging economic environment. The trend is expected to reverse only slowly as investors feel more confident to save more once their own income stream stabilises, said Vidya Bala, co-founder of Primeinvestor.in.

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