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.
