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MUTUAL FUNDS NEWS
Modest rise in net SIP inflows in FY24 owing to jump in redemptions by 54%
Thu, Apr 18, 2024     Source : Business Standard
Net SIP inflows rise 4.9% even as gross collections rise 28%
MUTUAL FUNDS NEWS
Mutual Funds SIP investments rise to Rs 2 lakh core in FY24
Fri, Apr 12, 2024     Source : Economic Times
Buoyant economic outlook and increased market participation helped drive the inflows in the mutual fund industry through systematic investment plans or SIPs route to record Rs 2 lakh crore in 2023-24, mark...
MUTUAL FUNDS NEWS
An SIP of Rs.10,000 a month in this Franklin mutual fund would have made you a crorepati
Tue, Mar 26, 2024     Source : Mint
Consistency always pays high returns. Just as in life, it pays in the world of investing as well.
MUTUAL FUNDS NEWS
Aditya Birla Sun Life Mutual Fund introduces daily SIP facility in 30 schemes
Wed, Mar 20, 2024     Source : Economic Times
Aditya Birla Sun Life Mutual Fund has introduced daily frequency under SIP facility in 30 mutual fund schemes.
MUTUAL FUNDS NEWS
Aditya Birla Sun Life Mutual Fund changes minimum SIP amount of 25 mutual fund schemes
Wed, Mar 13, 2024     Source : Economic Times
Aditya Birla Sun Life Mutual Fund has changed the minimum installment amount under the SIP facility for all frequencies in its 25 mutual fund schemes including debt and equity mutual funds.
MUTUAL FUNDS NEWS
Mutual fund SIP crosses Rs 19,000 crore-milestone for first time in February
Sat, Mar 09, 2024     Source : Economic Times
The SIP contribution in February has hit a new record high. The monthly contribution stood at Rs 19,186.58 crore in February, compared to Rs 18,838.33 crore in January.
MUTUAL FUNDS NEWS
Groww adds 1.2 million new mutual fund SIPs in January
Tue, Mar 05, 2024     Source : Business Line
The platform saw a nearly 3X year-on-year jump as the company had added 3.9 lakh new SIP accounts
MUTUAL FUNDS NEWS
Strategy to beat market volatility; enhance returns through trigger SIPs
Mon, Feb 19, 2024     Source : Financial Express
Trigger SIPs enable investors to buy more units when prices are lower and fewer units when prices are higher, optimising their average purchase price over time.
MUTUAL FUNDS NEWS
Direct plan SIPs bounce back in 2023 on the equity market euphoria
Tue, Jan 30, 2024     Source : Business Standard
Direct plan distributors added 12.4 million SIP accounts in 2023, 39% more than in 2022
MUTUAL FUNDS NEWS
MF investors pulled out record Rs 11K crore from SIPs in Dec 2023
Thu, Jan 25, 2024     Source : Business Standard
Intensified redemption pressure came amid profit-taking by investors after a sharp market rally
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