SIP collection Hit 25% In FY 2022-23

Tanish goswami - Apr 27, 2023

In the mutual fund industry, systematic investment plans, or SIPs, brought in Rs 1.56 lakh crore in 2022-23, up 25% from the previous fiscal year. This indicates that retail investors trust this method despite market volatility. In correlation, an inflow of Rs 1.24 lakh crore through the course was enlisted in 2021-22 and Rs 96,080 crore in 2020-2021, information with the Relationship of Shared Assets in India showed AMFI.

In addition, the SIP contribution to mutual funds has increased by more than threefold in the past seven years. In the years 2016-2017, it was Rs 43,921 crore.

In addition, the SIP book has consistently grown, reaching an all-time high of Rs 14,276 crore in March 2023 from Rs 12,328 crore in March 2022.

SIP inflows averaged nearly Rs 13,000 crore per month throughout the fiscal year, enabling investors to remain in the stock market and take advantage of rupee cost averaging. The steady inflow suggests that the domestic market is resilient, which has provided a strong counterbalance to the selling by FPIs (Foreign Portfolio Investors).

Investors continue to add investments through SIPs and lump sums because they believe in the story of growth over the long term. The SIP inflows for FY23 totaled Rs 1.56 lakh crore, representing an increase of 25.2% year-over-year, with the highest ever inflow occurring in March with Rs 14,276 crore. With benchmark records staying unstable and level for the year, financial backers pick shared assets as the favored course for ventures, resting confidence in the Indian securities exchange.

The inflow came regardless of the unpredictability in the securities exchanges, fundamentally because of worldwide international reasons and expansion.

In addition, the assets managed by SIPs increased by 18% to Rs 6.83 lakh crore at the end of March this year, up from Rs 5.76 lakh crore at the end of March in 2022.

Experts in the field believe that a staggered investment strategy in equity markets, such as SIP or STP, is the best way to ride the wave of uncertainty because corrections would lower the average cost of all investments and investors would not lose out on opportunity cost if the bull run continues.

SIP is a method of investing that mutual funds offer. Instead of investing all at once, an individual saver can invest a set amount in a particular plan on a regular basis, say once a month. The monthly SIP installment amount can be as low as Rs 500.

AMFI says that SIPs are becoming more popular among Indian savers because they allow for rupee cost averaging and disciplined investing without worrying about market volatility or timing.

As of now, shared reserves have around 6.36 crore Taste accounts through which financial backers routinely put resources into common asset plans.

The 42-player common asset industry essentially relies upon tastes for inflows, with value shared reserves drawing in Rs 1.46 lakh crore in the monetary year finished Walk 31, 2023.

In the mutual fund industry, systematic investment plans, or SIPs, brought in Rs 1.56 lakh crore in 2022-23, up 25% from the previous fiscal year. This indicates that retail investors trust this method despite market volatility. In correlation, an inflow of Rs 1.24 lakh crore through the course was enlisted in 2021-22 and Rs 96,080 crore in 2020-2021, information with the Relationship of Shared Assets in India showed AMFI.

In addition, the SIP contribution to mutual funds has increased by more than threefold in the past seven years. In the years 2016-2017, it was Rs 43,921 crore.

In addition, the SIP book has consistently grown, reaching an all-time high of Rs 14,276 crore in March 2023 from Rs 12,328 crore in March 2022.

SIP inflows averaged nearly Rs 13,000 crore per month throughout the fiscal year, enabling investors to remain in the stock market and take advantage of rupee cost averaging. The steady inflow suggests that the domestic market is resilient, which has provided a strong counterbalance to the selling by FPIs (Foreign Portfolio Investors).

Investors continue to add investments through SIPs and lump sums because they believe in the story of growth over the long term. The SIP inflows for FY23 totaled Rs 1.56 lakh crore, representing an increase of 25.2% year-over-year, with the highest ever inflow occurring in March with Rs 14,276 crore. With benchmark records staying unstable and level for the year, financial backers pick shared assets as the favored course for ventures, resting confidence in the Indian securities exchange.

The inflow came regardless of the unpredictability in the securities exchanges, fundamentally because of worldwide international reasons and expansion.

In addition, the assets managed by SIPs increased by 18% to Rs 6.83 lakh crore at the end of March this year, up from Rs 5.76 lakh crore at the end of March in 2022.

Experts in the field believe that a staggered investment strategy in equity markets, such as SIP or STP, is the best way to ride the wave of uncertainty because corrections would lower the average cost of all investments and investors would not lose out on opportunity cost if the bull run continues.

SIP is a method of investing that mutual funds offer. Instead of investing all at once, an individual saver can invest a set amount in a particular plan on a regular basis, say once a month. The monthly SIP installment amount can be as low as Rs 500.

AMFI says that SIPs are becoming more popular among Indian savers because they allow for rupee cost averaging and disciplined investing without worrying about market volatility or timing.

As of now, shared reserves have around 6.36 crore Taste accounts through which financial backers routinely put resources into common asset plans.

The 42-player common asset industry essentially relies upon tastes for inflows, with value shared reserves drawing in Rs 1.46 lakh crore in the monetary year finished Walk 31, 2023.

 

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Written by: Tanish Goswami

To get in touch, write to tanish.goswami@investocafe.com or reach through www.investocafe.com.

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