The mutual fund industry saw its collections through SIPs dropping 4% to ₹96,000 crore in the 2020-21 fiscal, as COVID-19 induced lockdowns led to income uncertainty.
Going forward, success of the vaccination drive, better than expected economic scenario and higher incomes can be the factors that will have an impact on systematic investment plan or SIP flows, Gopal Kavalireddi, Head of research, FYERS, said.
