News From Press Share of SIPs in mutual funds' AUM rises to record 17% in Jan

Share of SIPs in mutual funds' AUM rises to record 17% in Jan

Feb 18, 2023

Amid a sustained inflow from retail investors, the share of mutual funds linked to systematic investment planning (SIP) in the total assets under management (AUM) of the industry reached a record 17% in January, according to the Association of the Mutual Funds in India (AMFI). This compares with the long-term average of 11.5%.

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