Index funds move the SIP needle
Business Standard|October 29, 2024
Share of such funds in monthly inflows nears 5 per cent from 3.5 per cent a year ago
- ABHISHEK KUMAR
Index funds move the SIP needle

With growing retail participation, index funds are now making meaningful contributions to flows coming through the systematic investment plan (SIP) route.

Their share now accounts for almost 5 per cent of the monthly SIPs, up from 3.5 per cent a year ago. Index funds have managed to increase their share amid a twofold rise in SIP inflows from ₹556 crore in September 2023 to ₹1,158 crore in September 2024. SIP inflows had first crossed the ₹1,000 crore mark in July 2024.

The low-cost mutual fund (MF) space has been at the centre of the new fund offering (NFO) rush in the ongoing calendar year. This comes as fund houses took the passive route to launch innovative offerings.

According to MF officials, the surge in retail participation is a result of growing awareness amid a slew of launches.

この蚘事は Business Standard の October 29, 2024 版に掲茉されおいたす。

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この蚘事は Business Standard の October 29, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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