News From Press SIPs hit all-time high, small-cap funds see 37% dip in flows

SIPs hit all-time high, small-cap funds see 37% dip in flows

Source: Mint Oct 12, 2023

Systematic investment plans (SIPs) into mutual funds hit an all-time high in September, crossing the ₹16,000-crore mark for the first time while inflows into small and midcap funds moderated amid sky-high valuations in some stocks. Net inflows into equity mutual funds dipped by 30% while debt fund outflows hit an 18-month high of ₹1.01 trillion, mutual fund body AMFI said Wednesday.

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