Mutual funds step up: SIPs climb ticket ladder, one rung at a time

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SIP ticket sizes had been shrinking in recent years, as mutual fund (MF) penetration grew.

Data from the Association of Mutual Funds in India shows that 99 million SIP accounts collectively invested an average of Rs 2,483 each in September 2024.

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Category: BusinessFinance

Markets: India

Topics: Mutual Funds Stock market SIP investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 23:30:35 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 112 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 23498847

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