New Delhi, April 10 -- Systematic Investment Plan (SIP) flows jumped to a record high in March, while equity mutual funds also witnessed healthy demand, according to monthly data released by the Association of Mutual Funds in India (AMFI) today, April 10.
SIP inflows in March came in at Rs.32,087 crore, the highest ever, underscoring the growing preference for disciplined, long-term equity investing among Indian households. The figure stood at Rs.29,845 crore last month.
Despite heightened volatility driven by geopolitical developments, domestic investors have remained steadfast, continuing to invest with conviction, said Navneet Munot, MD and CEO of HDFC AMC, adding that this structural shift towards systematic investing augurs well fo...
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