Equity MF inflows jump 22% in Oct, SIP hits new high
Flows through the systematic investment plan (SIPs) hit an all-time high of ₹25,322 crore in October 2024, up from ₹24,508 crore in September.
Flows through the systematic investment plan (SIPs) hit an all-time high of ₹25,322 crore in October 2024, up from ₹24,508 crore in September.
Equities have grabbed the majority of the share with 59.75% of total AUM, followed by 26.95% in debt, 8.85% in hybrid, and 4.44% in others.
Investor adoption of systematic investment plans (SIPs) continues to rise with monthly net inflows at around ₹19,300 crore in March 2024.