The monthly SIP addition remained above three million for the second month in a row. The SIP addition was 12.5 million accounts in the past 12 months. The net addition in August was 1.6 million, the highest in 23 months. The total SIP account tally reached a record 69.7 million.
Investors not inclined to ‘sell India buy China’ but to ‘sell India buy USA’: Samir Arora
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not