In September, SIP was the knight in shining armor. In August, new fund offers (NFOs) launched by MF houses contributed to most of the inflows. July saw the highest equity inflows because interest rates on fixed deposits were lower than the inflation rate. The Indian share market's record run is finding strong support from retail mutual fund investors with SIP being the preferred mode.Īs markets are trading at record high levels with no valuation concerns whatsoever, investors with low appetite have been encouraged to turn towards mutual fund SIPs.Īlthough the inflows have slowed down, this marked the seventh consecutive monthly infusion.īefore this, equity scheme had repeatedly witnessed outflows for eight consecutive months between July 2020 to February 2021. In fact, these SIP additions are a major factor of the rally we are seeing in Indian share markets. September 2021 also marked the fourth consecutive month of new SIP registrations topping 2 m. This is nearly 2.5 times higher than the long-term average. New SIP account registrations increased to a record 2.68 m in September 2021. So if you haven't registered yourself for the event, now is the time. Including details of 3 EV Stocks for you to act on immediately as well. I'm talking about our EV Gold Rush event that will go LIVE tomorrow at 5 PM.Īt the event, we'll share with you all the crucial details from our multi-year research on EVs. What we're going to reveal on Monday could potentially hand you life-changing gains like you never imagined.
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