News From Press Increase SIP amounts by 8-12% every year: PPFAS Mutual Fund CIO Rajeev Thakkar

Increase SIP amounts by 8-12% every year: PPFAS Mutual Fund CIO Rajeev Thakkar

Source: Financial Express Jun 3, 2024

Inflows to systematic investment plans (SIPs) touched a record high of Rs 20,371 crore in April, the tenth consecutive month where inflows surpassed Rs 15,000 crore, reflecting sustained investors’ interest. Rajeev Thakkar, chief investment officer, PPFAS Mutual Fund, in an interview to Saikat Neogi, says retail investors should increase the SIP amounts over years in line with inflation and higher income.

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