SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press Equity MFs see 66% rise in SIPs on weak markets

    Equity MFs see 66% rise in SIPs on weak markets

    Source: TOI Jan 21, 2016

    The no-show by stock markets isn't deterring investors from committing fresh funds under the SIP (systematic investment plan) route. Equity mutual fund (MF) schemes have seen an addition of about 43.44 lakh new SIPs during 2015, a nearly 66% increase on a year-on-year (y-o-y) basis.

    Equity MFs received maximum inflows via SIPs during the second half of the year when the markets slipped into the red. Total inflows into SIPs came at about $2 billion (`13,503 crore) between July and December 2015.

    Click here to read more.

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.