For the first time ever, annual SIP inflows cross the Rs 1 lakh-crore mark

For the first time ever, annual SIP inflows cross the Rs 1 lakh-crore mark

ET Intelligence Group: The cumulative inflows from systematic investment plans (SIPs) have crossed ₹1 lakh crore in a year for the first time, data from the Association of Mutual Funds in India (AMFI) show. Buoyed by the continued support from retail investors, the domestic flows have partially offset the selling pressure from foreign portfolio investors … Read more