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The SIP book has grown consistently from Rs 11,305 crore in December 2021 to an all-time high of Rs 13,573 crore in December 2022
Net SIP investments at Rs 3,260 cr in Nov, the lowest since Oct 2021
The industry attributes the gradual decline in SIP ticket size to the growing penetration of mutual funds (MFs) on the back of rising ease of investment
Yet net investments in active equity schemes slump 33% in same month, shows Amfi data
Investors are betting big on systematic investment plans or SIPs to generate long-term wealth, with monthly flows in the mutual fund industry through the route rising to an all-time high of Rs 13,040 crore in October. This surpassed the Rs 12,976 crore inflow seen in September, data with Association of Mutual Funds in India (AMFI) showed on Thursday. The inflows through SIPs have been above the Rs 12,000-crore mark since May. It was at Rs 12,140 crore in July, Rs 12,276 crore in June and Rs 12,286 crore in May. Prior to that, it was at Rs 11,863 crore in April. With this, total inflow has reached over Rs 87,000 crore in the first seven months of the current fiscal. This came following an inflow of over Rs 1.24 lakh crore in the 2021-22 financial year. "Markets continue to react to the global factors and domestic rate hikes. However, mutual fund investors have shown resilience and continue to invest in SIPs, with consistent contribution month on month. There is growth in overall equ
Investment advisors recommend the SIP route for investment in volatile asset classes to maximise the benefit of rupee cost averaging
Neither day of the month nor frequency of SIP has a material impact on returns
Debt schemes account for 2% of the net inflows, passive schemes 8%
Investors pulled out around Rs 6,580 crore from their SIP accounts in MF schemes for the pre-festive splurge
'Every investor's time horizon and risk appetite is different hence I can't give a single answer for a diverse investor base'
SIP inflows surged 2 per cent month-on-month (MoM) in September to Rs 12,980 crore, according to the latest data released by the Association of Mutual Funds in India (Amfi).
In September, there were around 38 million active or live SIPs equity accounts
A SIP lets investors commit a fixed sum every month, compared to putting in a large sum at once.
The mutual fund industry raised Rs 8,123 crore though the SIP route last month, lower than Rs 8,376 crore mopped up in April
Equity funds account for 42 per cent and 52 per cent of AUMs for HDFC AMC and Nippon AMC, respectively
SIP continued to be the preferred route for retail investors to invest in mutual funds as it helps them reduce market timing risk, the industry body noted.
SIP contribution in July stood at Rs 75 billion - 21 per cent higher than the past 12-month average of Rs 62 billion
According to them, by mid-FY19, the sector may hit the Rs 100-billion mark of monthly SIP inflows
The total SIP accounts have risen to 18.8 million
The cumulative SIP inflows in FY18 are Rs 40,780 crore, against about Rs 43,921 crore the industry got during the last financial year