News From Press 6 mutual fund SIP secrets and how it can impact your returns

6 mutual fund SIP secrets and how it can impact your returns

Source: ET Jul 31, 2023

The humble SIP (systematic investment plan) is turning into a behemoth. Retail investors with small ticket sizes continue to plough big money into mutual funds in auto-pilot mode. As per the data from the Association of Mutual Funds in India, new SIP registrations for the month of June hit a record high of 27.8 lakh, taking the total SIP accounts to 6.7 crore. The monthly SIP inflows crossed Rs.14,000 crore for the second consecutive month.

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