News From Press Inflows in mutual fund SIPs dip in Feb to ₹13,600 cr. Are investors losing appetite?

Inflows in mutual fund SIPs dip in Feb to ₹13,600 cr. Are investors losing appetite?

Source: Mint Mar 11, 2023

In February, the mutual fund industry got inflows worth ₹13,686.23 crore through systematic investment plans (SIPs), which was 1.2 per cent lower than previous month.

The inflow in mutual funds through SIPs in February stood ₹13,686.23 as compared to ₹13,856 crore in January. The inflow in SIPs in February was lower by ₹169 crore. However, contribution from SIP (Systematic Investment Plan) has been averaging above ₹13,000 cr mark every month since October 2022.

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