Business Standard
17th April
Rs 1 trillion: Cumulative flows via systematic investment plans (SIPs) crossed the Rs 1-trillion mark in 2019-20.
- Mutual fund investors have chosen to continue with their SIPs despite high turbulence in equity markets.
- According to data from the Association of Mutual Funds in India (Amfi), inflow via this route was Rs 8,641 crore in March.
- That SIP flows have held on is seen as a sign of growing maturity among investors.
- Increasingly, investors are realising that equity investing is for a long-term horizon of seven years or more.
- They have also understood that they need to keep their SIPs going in such times, as each of their instalments buys more units during downturns.
- This in turn boosts their fund’s performance when the markets recover.
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A few links for further reading
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