SIP stoppage ratio hits new peak in May1 min read 12 Jun 2020, 11:33 AM IST
The ratio of SIPs stopped as a percentage of fresh SIPs registered hit 81%, a 15-month high, according to Amfi data
Monthly systematic investment plan (SIP) flows in India have held steady above the ₹8,000 crore mark despite the equity markets nose-diving post the covid-19 crisis. The net inflow figure dipped marginally from ₹8,376 crore in April to ₹8,123 crore in May, although the drop compared to March level is a more significant 6%.
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