Mutual fund SIP stoppage ratio slows to 91% in June as new SIP registrations outpace closures
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The mutual fund SIP stoppage ratio eased in June, falling below 100% for the first time in months. More new SIPs were registered than those discontinued or completed their tenures.
The mutual fund SIP stoppage ratio eased in June, falling below 100% for the first time in months. More new SIPs were registered than those discontinued or completed their tenures. SIP contributions reached a record Rs 31,781 crore, showing investor confidence in long-term investing. Retail mutual fund assets and folios also saw an increase during the month. This trend reinforces disciplined investor participation in India's growth story.
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