Mutual funds witness highest ever monthly SIP inflows in December
Wednesday, January 8, 2020, 8:47 PM
The mutual fund industry saw its highest ever monthly inflows through systematic investment plans or SIPs in the month of December. According to the data on the Association of Mutual Funds in India, MF industry registered total SIP inflows of Rs 8,518.47 crore in December, a growth of 3 percent over November and six percent growth year-on-year.
Mutual fund SIP collection falls marginally to Rs 8,231 cr in August
Monday, September 9, 2019, 5:38 PM
Mutual fund investors continue to pour in money through SIPs. Mutual funds received Rs 8,230.76 crore via SIP in August, marginally lower than the collections last month, shows Amfi data. In July, mutual funds collected Rs 8,324 crore via SIPs. SIP AUM on the other hand has risen from Rs 2.69 lakh crore in July to Rs 2.71 lakh crore in August.
Mutual funds collect Rs 8,064 crore via SIP in January
Tuesday, February 12, 2019, 7:40 AM
The mutual fund industry added assets worth Rs 65,439 crore in January 2019, taking total assets under management to Rs 23.37 lakh crore. Categories such as income, liquid and equity funds saw positive inflows, while balanced and gilt funds saw outflows. Retail investors continued to use mutual funds to help meet long-term life goals.