News From Press SIP closure ratio at 27 month-low of 43% in February: AMFI data

SIP closure ratio at 27 month-low of 43% in February: AMFI data

Source: Moneycontrol Mar 13, 2024

Even as market experts sound caution over expensive stock valuations, the number of investors signing up for systematic investment plans (SIPs) of mutual funds far outnumber those discontinuing their SIPs. The SIP stoppage ratio, indicating closed accounts under mutual fund SIPs relative to new openings, slipped to a 27-month low in February.

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