Mutual fund investment via SIP rises 3.2% to ₹8,246 crore in October
5 years, 4 months ago

Mutual fund investment via SIP rises 3.2% to ₹8,246 crore in October

Live Mint  

The mutual fund industry garnered ₹8,246 crore through systematic investment plans in October, a rise of 3.2% as compared with the year-ago period, amid rally in the stock market following a series of reform measures taken by the government. With this, the total SIP contribution in the first seven months of the current financial year rose to ₹57,607 crore as compared with ₹52,472 crore in April-October 2018, according to the latest data from the Association of Mutual Funds in India. Going ahead, experts believe that equity markets would perform better in the coming months due to positive initiatives taken by the government, which will drive further inflows in mutual funds through the SIP route. Currently, mutual funds have 2.89 crore SIP accounts through which investors regularly invest in Indian mutual fund schemes.

History of this topic

As markets stay volatile, investors can explore these mutual fund categories. Check list here
1 week, 3 days ago
Wealth Creation: Investing ₹1 lakh in this mutual fund at its launch in 2007 would have grown to ₹11 lakh; check how
1 week, 3 days ago
The state where Ponzi schemes thrive, but mutual funds barely exist
1 week, 5 days ago
Mutual fund inflows at 10-month low: Here are 3 alternate investment options
1 week, 6 days ago
February Sees 26% Drop In Equity MF Inflows To Rs 29,303 Crore, SIPs At 3-Month Low
2 weeks ago
Stock market sell-off drags down mutual funds' AUM by ₹3 lakh crore in February 2025
2 weeks ago
Mutual fund calculator: How to accumulate ₹41 crore with a monthly Systematic Investment Plan (SIP) of ₹15000
Trending News
2 weeks, 3 days ago
Magic of compounding: Monthly SIP of ₹10K in this mutual fund would have grown to ₹3.7 crore now. Check how
2 weeks, 4 days ago
Compounding: Investing ₹1 lakh at the launch of THIS mutual fund would have grown to ₹36 lakh now in 25 years
3 weeks ago
Half of India’s mutual fund investments come from 5 cities: report
3 weeks, 1 day ago
5 costly mutual fund mistakes to avoid during market corrections
3 weeks, 6 days ago
Best Mutual Funds: These 8 focused funds gave over 12% annualised return in past 10 years. Do you own any?
1 month ago
Mutual fund body AMFI launches THESE initiatives to attract market investors: What are they?
1 month ago
AMFI launches three initiatives to boost Mutual Fund accessibility, financial literacy, investment recovery
1 month ago
Mutual Funds: Individual investors’ AUM spikes 30 per cent in 1 year, reveals AMFI data
1 month ago
Investing in mutual funds does not start and end with just SIPs
1 month, 1 week ago
Mutual funds: Why are investors stopping their SIPs? Experts say this
1 month, 1 week ago
Mutual fund industry unfazed as rattled investors rush to pause investments
1 month, 1 week ago
SIP inflows reach ₹26,400 crore: Do’s and don’ts for successful wealth building
1 month, 2 weeks ago
Mint Quick Edit | Stocks: Retail investors are buying the dips
1 month, 2 weeks ago
Inflows into equity funds dropped marginally, shows AMFI’s January data
1 month, 2 weeks ago
Mutual fund inflows see slight dip in January. Here's why
1 month, 2 weeks ago
Edelweiss CEO Radhika Gupta reveals the best way to take mid and small cap exposure through mutual funds
1 month, 2 weeks ago
Magic of compounding: Investing ₹10K a month in this mutual fund since 2013 would have grown to ₹51 lakh; check how
1 month, 3 weeks ago
Sachet SIPs: Can ₹250 a month create an investment boom in India?
1 month, 3 weeks ago
Economic Survey 2025: Monthly SIP flows more than doubled in the last 3 years
1 month, 3 weeks ago
All you need to know about SIPs in Mutual Funds
1 month, 3 weeks ago
Strong investor interest drives value mutual fund inflows to ₹22,757 cr in 2024
1 month, 3 weeks ago
Radhika Gupta bats for this ‘accessible savings-cum-growth solution’ for crores of common Indian investors
2 months ago
Sebi proposes sachetization of mutual funds to boost financial inclusion
2 months ago
Mutual funds boost holding in Paytm to all-time high in December quarter
2 months, 1 week ago
Compounding: ₹1 lakh investment in this mutual fund would have swelled to over ₹4 crore in 29 years; check how
2 months, 1 week ago
Mutual fund SIP inflows crossed ₹2.89 lakh crore in 2024; contributions peaked in December
2 months, 2 weeks ago
PPF over Mutual funds? RBI data shows top choice for Indian investors
2 months, 2 weeks ago
Equity mutual fund investments soar in December: SIPs hit record Rs 26,459 crore amid market volatility
2 months, 2 weeks ago
Mutual fund folios hit an all-time high of 22.5 crore in Dec; SIP inflows exceed ₹26,000 crore
2 months, 2 weeks ago
AMFI data: Inflow into equity mutual funds rose 14% in December 2024 vs. November
2 months, 2 weeks ago
Indian Stock Market Lags Behind Global Indices in 2024
2 months, 3 weeks ago
Mutual fund investment: Why smart investors would opt for SIPs in 2025?
2 months, 3 weeks ago
Stock market this week: Top 5 stocks with the biggest gains and losses
2 months, 3 weeks ago
Most underrated SIP hack to build a bigger mutual fund corpus
2 months, 3 weeks ago
Mutual Funds: Total asset size spikes 40% in a year, individuals own lion’s share as equity schemes turn favourites
3 months ago
SIPs in red: Mutual funds that lost money for investors in 2024
3 months ago
Mutual fund industry on a high; asset surges ₹17 lakh cr in 2024
Trending News
3 months ago
Indian mutual fund industry set for multi-fold growth in 2025, driven by retail investor optimism: ICRA
3 months ago
2024 Review: Sectoral funds dominate as mutual fund AUM grows 38%, folios reach 22.08 crore
3 months, 1 week ago
Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?
3 months, 1 week ago
SIP Vs traditional saving: Which is better and secure financial option in India? EXPLAINED
3 months, 2 weeks ago
Only 3% India’s population invests in mutual funds, indicates underpenetration: Motilal Oswal
Trending News
3 months, 2 weeks ago
India’s equity mutual fund inflows come off record highs in November
Trending News
3 months, 2 weeks ago

Discover Related