SIP inflows stay above 30000 crore for third month despite May dip, AMFI data shows resilient mutual fund AUM and rising retail participation
Systematic Investment Plan (SIP) inflows in mutual funds slipped marginally to ₹30,953 crore in May from ₹31,115 crore in April, according to data released by the Association of Mutual Funds in India (AMFI). Despite the slight dip, SIP contributions remained above the ₹30,000 crore mark for the third consecutive month. On a year-on-year basis, SIP…
