Mumbai: Retail investors continue to provide them on a systematic investment plan to invest in the stock market.
As a result, the monthly SIP inflows have increased since November last year with several dips including.
The number of SIP accounts, called Folio in trade requirements, has also increased steadily.
Industry experts say that long-term investors remain firmly on track in equity funds, which results in recording monthly inflows through SIP routes.
In August the inflow through this route has surged to RS 9,923 Crore, high-level all time, from RS 9,608 Crore in July.
This is the second month in a row from the net stream of RS 9,000 Crore through SIP route, data from the Amfi Industrial Trade Agency shows.
Interestingly, investors who invest through SIP routes also recommend the same to others.
A recent survey by Aditya Birla MF found that as high as an 83% of respondents in the survey with SIP investors showed that they were willing to recommend it to others too.
“Nearly 50% of people think SIPS helps in building a long-term corpus with the benefits of compound interest and it will be the main reason for them to recommend the investment method (this).
August Mutual Fund Assets under management data, the last disclosed provided by AMFI , it shows that in some other types of funds, investors ordered profits since the leading index has regarded regular levels of life.
The increase in SIP Folio is also strong.
AMFI data shows that so far in fiscal 2022, the total additional for folio in the industry is almost 60 lakh or around 16 %.
The Birla MF survey also found that because SIPS helped maintain investment discipline, it was the most important single reason for 35% of respondents to choose this investment mode.
However, this survey also showed that 40% of respondents began their first sip in their 40s .
Fund managers and investment advisors say that this must begin even before and show that there is It is necessary to spread awareness about it, especially in small cities.