News From Press SIP collection jumps 31% to Rs 1.5 lakh cr in 2022 on higher retail participation

SIP collection jumps 31% to Rs 1.5 lakh cr in 2022 on higher retail participation

Source: ET Jan 18, 2023

Contributions to mutual fund schemes through systematic investment plans or SIPs remain unfazed from the market volatility in 2022 with inflow growing to Rs 1.5 lakh crore in 2022, a surge of 31 per cent from a year earlier, due to higher retail participation.

In comparison, an inflow of Rs 1.14 lakh crore through the route was registered in 2021 and Rs 97,000 crore in 2020, data with the Association of Mutual Funds in India (AMFI) showed.

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