Inflows into mutual fund systematic investment plans (SIPs) hit an all-time high of ₹21,262.22 crore in June 2024, according to the data released on Tuesday by the Association of Mutual Funds in India (AMFI). Inflows into SIPs have been rising continuously for the past 12 months. As the table below shows, inflows spiked from ₹18,838 crore in January 2024 to ₹21,262 crore, an increase of 12.8 per cent in six months. If one compares the latest figure with the corresponding data from one year ago, one realises that these regular inflows have increased 44 per cent from ₹14,734 crore in June last year to ₹21,262 crore in the previous month.
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