The SIP AUM share has been consistently expanding since the past few years thanks to consistent inflow of funds. The long-term average share of SIP schemes in the total MF AUM is 11.8%.
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500
* NY Fed survey finds rising worry over future unemployment * NY Fed poll finds little change in expected inflation * NY Fed survey reports
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