Experts explain why retail investors remain big on SIPs despite volatile market - How investing has changed
New Delhi, July 12 -- Data from the Association of Mutual Funds of India (AMFI) showed that domestic investors are not much spooked by market volatility. When the Nifty slipped 6.4% month-on-month in March, SIP contributions grew 7.5% to Rs.32,087 crore, even though foreign portfolio investors (FPIs) sold record Rs.1.18 lakh crore.
Overall, AMFI data highlighted the significant participation of retail investors in India's capital markets - 9.64 crore accounts, Rs.30,953.83 crore in monthly SIPs, Rs.17.12 lakh crore in SIP assets under management (AUM), and annual cumulative SIP investments exceeding Rs.3 lakh crore.
We asked experts what is driving optimism among small investors and confidence in SIPs. Here's what they said.
Varun Gupt...
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