News From Press Retail rush takes SIP ticket, portfolio value to new highs

Retail rush takes SIP ticket, portfolio value to new highs

Source: ET Aug 13, 2024

ET Intelligence Group: The average ticket size for investments under systematic investment plans (SIP) in mutual fund schemes reached a 50-month high of ₹2,500 per account in July 2024 compared with the two-year average of ₹2,261, according to data from the Association of Mutual Funds in India (AMFI). It has stabilised over the past few months after consistently falling since 2019 from a peak of ₹3,399.

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