News From Press SIPs’ share in MF AUM hits record on sustained inflows

SIPs’ share in MF AUM hits record on sustained inflows

Source: ET Oct 12, 2022

Investors using the systematic investment plan (SIP) route to investment have continued to gain heft despite higher stock market volatility. The share of assets under management (AUM) of the SIP linked funds in the total mutual fund AUM reached a record 16.5% in September 2022, the data of Association of Mutual Fund in India (AMFI) show.

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