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: US market rises on the day but falls for the week; bond yields and Iran in focus
Major U.S. stock indexes finished Friday higher, but recorded weekly declines. Investors reacted to fluctuating government bond yields and Middle East developments. Stronger services sector