Indians have taken to investing through SIPs in a big way with the retail monthly inflows into mutual funds growing manifold over the last three years, as small and retail investors have increasingly discovered a more convenient and relatively safer way to participate in the equity market rally, which has propelled the benchmark indices to rise by 22% so far this year. The total amount collected through the SIP route in June 2017 was as high as Rs 4,744 crores, which shows a growth just shy of two-and-a-half times in over three years, from Rs 1,950 crore collected in April 2014, as per the data available with Association of Mutual Funds in India (AMFI).
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