Amfi has in its monthly industry data revealed that the number of SIP accounts stood at an all-time high of 5.54 crore as of June 30, 2022, though monthly contribution to SIPs fell negligibly
Sebi has stopped all mutual funds to launch any SIP+Insurance schemes. Read on to know what their drawbacks were and what the Sebi ban means for existing investors.
Equity mutual funds witnessed a net inflow of Rs 1,64,399 crore in the entire 2021-22. This included an all-time high inflow of Rs 28,464 crore last month.