News From Press New SIP registrations fall MoM in Feb even as flows into equity funds rise

New SIP registrations fall MoM in Feb even as flows into equity funds rise

Source: Business Standard Mar 11, 2022

Flows into the equity funds rose sharply in February even as contributions from the systematic investment plan (SIP) route remained flat even as account opening dipped.

The data from Association of Mutual Funds in India (Amfi) shows that in February, around 2.34 million new SIP accounts were opened compared to 2.65 million in January.

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