Out of 44 active AMCs, 35 saw inflows in March. SBI, ICICI Prudential, Nippon India, UTI, and HDFC Mutual Funds each received over Rs 10,000 crore in monthly inflows.
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