Systematic Investment Plan News
From Dreamers to doers: SIPs are reshaping investing in India
Household savings pool has declined drastically, with a corresponding increase in loans and investments, especially in mutual funds, according to government estimates.
3 min read20 Jun 2024SIP inflows surged to ₹18,838 crore in January, active accounts rose by 1.7 crore: Geojit Report
The number of SIP accounts soared to a record high of 7.92 crore in January this year, marking a substantial increase year-over-year.
1 min read16 Feb 2024Top 5 investment avenues for new investors this year
As we step into 2024, the Indian stock market unfolds a captivating terrain for novice investors, with the mutual fund sector providing a diverse range of prospects for wealth generation.
1 min read15 Feb 20245 reasons to raise your mutual fund SIP every year
In a bullish market where stock prices surge uniformly, it is recommended to increase the SIP inflow to acquire the same quantity of mutual fund units that could be purchased with a lower amount.
1 min read25 Jan 2024Weekend Wrap: From Hero MotoCorp to IRCTC, here are top market movers this week
Unveiling the week’s highlights: Top newsmakers and market performances in the recap ending January 12, 2024.
1 min read14 Jan 2024Mutual fund SIP accounts hit 7.63 crore in December: Why are investors rushing to invest in them?
The total number of SIP accounts touched 7.63 crore in December 2023, out of which, 40.3 lakh were added in one month alone. It was for the first time that 40 lakh new SIP accounts were added in a month.
2 min read12 Jan 2024Record high! Mutual fund AUM cross ₹50 lakh crore milestone, reveals AMFI data
While it took almost 50 years for the mutual fund industry to build the first ₹10 lakh crore of AUM, the last ₹10 lakh crore, from ₹40 lakh crore to ₹50 lakh crore, was amassed in just a little over a year.
3 min read8 Jan 2024Mutual funds: Total SIP inflows in 2023 hit ₹1.83 lakh crore, up 23% over previous year
Most of the mutual fund inflows were seen in equity funds. With ₹16,997 crore added to equity mutual funds in December, total inflows into equity schemes touched a whopping ₹1,61,573 crore during the calendar year 2023.
1 min read8 Jan 2024Mutual Funds: SIP inflows rising consistently; is this trend sustainable?
During the period April-November 2023, SIP contributions stood at ₹1,24,313 crore, almost 24 percent higher as compared to ₹1,00,581 crore recorded during April-November 2022 period.
4 min read29 Dec 2023From defining goals to assessing risk appetite, 5 key considerations for SIP investments
Factors to consider before investing in SIPs include defining financial goals, assessing risk appetite and diversifying the SIP portfolio.
3 min read21 Nov 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared