*MF Industry SIP Report as on Nov 2023*.
🇮🇳 Total No of Outstanding SIP A/Cs. - 7.44 Cr.
☑️No of New SIP Registered - 30.80 lakhs.
☑️No of SIPs discontinued/ tenure Completed - 16.69 lakhs
☑️Net SIP Registered (%) - 45.81
☑️SIP AUM - Rs 931333 Lakhs Cr
☑️Monthly SIP Contribution - Rs 17073 Cr.
*History*.
🔹Nov 2016 - SIP Monthly Contribution - Rs 3884 Cr.
🔹Nov 2020 - SIP Monthly Contribution - Rs 7302 Cr.
🔹SIP AUM Rs 378286Cr.
*What would be the SIP AUM and Monthly Contribution by 2030?*
Source : AMFI
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