News From Press SIP inflow shrinks for the second month as investors aim for IPO gains

SIP inflow shrinks for the second month as investors aim for IPO gains

Source: The Economic Times Mar 11, 2021

A bull rally may not necessarily benefit all the sections of the market. Investment through the systematic investment plan (SIP) route continued to fall for the second consecutive month in February 2021 notwithstanding the sustained market rally. According to the Association of Mutual Funds in India (AMFI) data, the SIP inflow fell to Rs 7,528 crore in February from Rs 8,418 crore in December 2020. It fell by 11.5% compared with the year-ago level of Rs 8,513 crore.

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