News From Press Net SIP inflow data is not comparable with gross figures, says Amfi

Net SIP inflow data is not comparable with gross figures, says Amfi

Source: Business Standard Aug 24, 2024

The net systematic investment plan (SIP) inflow data is not comparable with the gross SIP inflow figures, the Association of Mutual Funds in India (Amfi) clarified on Friday in response to media reports on stagnant net inflows. While the gross SIP inflows are the total inflows accumulated by mutual funds from SIP investors during a month, the net SIP inflows are adjusted for the redemptions from SIP accounts during the month.

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