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SIP investments hit Rs 21,262 crore in June, mutual fund industry at record Rs 61.15 lakh crore

Systematic investment plan (SIP) investments reached Rs 21,262 crore in June in the country, up from Rs 20,904 crore in May, the latest data from the Association of Mutual Funds in India (AMFI) said on Tuesday. This marks the third consecutive month where SIP inflows have exceeded Rs 20,000 crore. According to Gopal Kavalireddi, Vice President of Research at FYERS, despite major events like year-end earnings, general elections, release of GDP and other economic data, and Rs 75,000...

SIP investments hit Rs 21,262 crore in June, mutual fund industry at record Rs 61.15 lakh crore

Source: IANS
2024-07-09 05:40:57 pm

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SIP investments hit Rs 21,262 crore in June, mutual fund industry at record Rs 61.15 lakh crore