New Delhi, Nov. 2 -- Markets have remained resilient despite broadly negative returns over two years, supported by monthly SIP inflows, and this resilience could also attract foreign investors as conditions stabilize, said Sid Swaminathan, managing director and chief executive officer, JioBlackRock Asset Management. However, high SIP stoppages and cancellations point to rising investor churn, particularly among those who started investing less than two years ago, raising concerns about investor persistence. "If new investors see the market fall 5-10%, panic and exit, they may never return," Swaminathan said in an interview.

More than two-thirds of investors who panic-sell during market declines fail to return in time for the recovery, he...