Index funds see growing retail participation, boost SIP flow contributions

Quick Summary:

The performance of index funds also stood out in some categories.

In the last one year (October 2023-September 2024), MFs have launched 56 index funds.

Index funds have managed to increase their share amid a twofold rise in SIP inflows from Rs 556 crore in September 2023 to Rs 1,158 crore in September 2024.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Index Funds Stock market trading SIP flow contribution SIP

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 21:19:02 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23290180

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Official Website: business-standard.com

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