Mumbai: Retail investors continue to increase their contribution to the Mutual Funds (SIPS) Investment Investment Plan in December.
This produces 2021 which records higher inflows in each consecutive month.
The monthly sip contribution for December 2021 reached the historic highest RS 11,305 Crore with clean assets under the management (AUM) MFS which ended in the year at RS 37,72,696 Crore – Notik on RS 37.33.702 Crore in November.
According to data released by the Indian Mutual Fund Association (AMFI), the number of SIP accounts for December 4.9 Crore, rose from 4.78 crores in November.
This shows a range of 12.5 lakh-month-on-month.
SIP AUM until the end of December is Rs 5.65 Lakh Crore, higher than Rs 5.46 lakh Crore in November.
According to December data AMFI released on Monday, a net flow for all four open schematic categories – growth / equity, hybrid, oriented solutions and others (index schemes, ETFs, Funds) – report positive flow during the month.
Exceptions are debt / oriented debt / oriented schemes, who see the outflow.
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