News From Press Micro-SIP: Will investors come in by the droves?

Micro-SIP: Will investors come in by the droves?

Source: Moneycontrol 18 hours ago

With less than around 5 crore unique mutual fund (MF) investors in India, the Rs-65-trillion MF industry is gearing up to lower the jaw bridge further. The capital markets regulator, Securities and Exchange Board of India (SEBI), and the MF industry has been working together to introduce micro-SIP which allows investors to invest smaller amounts, sometimes as low as Rs 100, at regular intervals. The SEBI is looking at bringing down the costs for MF houses.

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