SIP in mutual funds increased 5.2% to more than Rs. 8,500 crore in Feb 2020
Mar 19 2020
News Category: Industry Update
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As per media reports, SIP in mutual funds increased 5.2% to more than Rs. 8,500 crore in Feb 2020 even though the broader market remained volatile amid concerns over the global impact of the rapidly-spreading coronavirus. This brings the total SIP contribution for the Apr-Feb 2019-20 period to Rs. 91,443 crore compared with Rs. 84,638 crore for the Apr-Feb 2018-19 period.

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