SIP inflows hit record Rs 32,490 crore in September as equity net inflow jumps 30.6 per cent
· Business · Zee News, Moneycontrol, Indian Express
Systematic Investment Plan (SIP) inflows reached an all-time high of Rs 32,490 crore in September, according to AMFI data. The total mutual fund industry assets under management stood at Rs 82.64 lakh crore. Equity net inflow surged by 30.6 per cent to Rs 38,306.55 crore. The data reflects growing investor participation in mutual funds through SIPs. This marks a significant increase in retail investment activity in the Indian market.
Why it matters
Retail investors are increasingly using SIPs to invest in equities, indicating growing confidence in the stock market. The surge in inflows could support market liquidity and fund manager demand for equities.
Read the original report — Zee News
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