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SIP pie in MF AUM clocks fresh highs in February, shows Amfi data
SIP pie in MF AUM clocks fresh highs in February, shows Amfi data
The steady inflows from systematic investment plans (SIPs) into mutual funds(MFs), coupled with outflows from debt schemes, has propelled the share of SIPs in the total assets being managed by the industry to a new high of 17.1 per cent in February.
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