SIP inflows cross Rs 26,000 cr mark for 1st time in Dec: AMFI
NEW DELHI [Maha Media]: The inflow into systematic investment plans (SIPs) crossed the 26,000 crore rupee mark for the first time, reaching 26,459 crore rupees in December, compared to 25,320 crore rupees in November.
According to data from the Association of Mutual Funds in India (AMFI) released today, open-ended equity mutual fund inflows increased to around 41,156 crore rupees in December, led by higher investments in sectoral or thematic and small-cap funds.