News From Press SIP inflows surged to ₹18,838 crore in January, active accounts rose by 1.7 crore: Geojit Report

SIP inflows surged to ₹18,838 crore in January, active accounts rose by 1.7 crore: Geojit Report

Source: Mint Feb 17, 2024

Systematic Investment Plan (SIP) inflows soared to a record high of ₹18,838 crores, marking the seventh consecutive month with inflows surpassing ₹15,000 crores and the twenty-ninth consecutive month with inflows exceeding ₹10,000 crores in January 2024, according to an insights report by Geojit.

This robust performance underscores the sustained confidence of investors in systematic investment plans, reflecting a consistent trend of substantial inflows into the market.

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