In its monthly industry report, the Association of Mutual Funds in India (AMFI) stated that systematic investment plan (SIP) accounts reached an all-time high of 5.54 crore as of June 30, 2022. AMFI data shows that SIP assets under management (AUM) totalled Rs 5.51 lakh crore at June 2022, while 17.92 lakh SIPs were registered during that month.
Beyond college funds: Why parents need to invest for a skills-first future
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