Monthly SIP inflow at 13000 cr 1.5 lakh + cr a year. 0.5% of India's Market Cap.
More than #LIC ( 50-70kcr ) + #EPFO ( 30-50kcr) combined. Today almost 30% of #MF equity AUM is SIP. Now comparable to #FII flows.
#Wow Facts
SIP investment Rs. 500 Invesco India Manufacturing Fund NFO opens: 25th July 2024 ; closes: 8th August 2024 ...
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