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Below the Quote on the AMFI data(Dec 2023) by Robin Arya, smallcase Manager & Founder, GoalFi

“The latest AMFI Data for December 2023 paints a positive picture of India's mutual fund industry, especially in equities. The significant rise in equity mutual fund inflows to ?17,000 crore, up by 9%, shows that investors strongly believe in the potential of the stock market. This confidence comes from more people choosing to invest their savings in stocks, backed by the ongoing trend of financializing savings and a robust economy, further supported by the expected growth in High Net Worth Individual (HNI) families.

A notable highlight is the steady increase in monthly Systematic Investment Plan (SIP) flows, growing by an impressive almost 24% Year-on-Year. At the same time, SIP Assets under Management (AuM) have jumped by nearly 37% Year-on-Year. These numbers not only indicate the rising popularity of disciplined investment strategies but also establish SIPs as a preferred avenue for long-term wealth creation. In my opinion, these trends show that investors are adopting a proactive approach to wealth building, recognizing the enduring benefits of smart and disciplined investment practices as we navigate through these financial changes.”

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