The mutual fund SIP stoppage ratio rose to 122.76% in February, up from 109.15% in January, as more investors discontinued SIPs than started new ones. SIP inflows dropped nearly 2% to Rs 25,999 crore, while total SIP AUM stood at Rs 12.37 lakh crore. Experts suggest the decline is seasonal and encourage investors to stay invested.
SIP additions at a six-month high amid rising churn
In August, the number of new accounts for systematic investment plans (SIPs) soared to a six-month peak, marking significant activity. Nevertheless, the year-on-year growth showcased