Page 48 - Sip News Today

Portfolio rebalancing assists you in keeping your preferred asset allocation in line with your investing goal and risk tolerance.

We remain buoyant on sectors like financials, aspirational consumption, industrials, consumer discretionary, capital goods, real estate, and infrastructure to participate this year also.

Investing in SIPs offers simplicity, flexibility, and disciplined wealth accumulation, making it an ideal option for achieving various financial goals.

On the auspicious occasion of Basant Panchami 2024, students and devotees of goddess Saraswati worship her and seek wisdom and knowledge. Investors of equity can also draw some useful money lessons on this day and improve their portfolio

The importance of savings and systematic investment plans (SIP) is emphasized by Radhika Gupta, CEO of Edelweiss Mutual Fund, as crucial for long-term financial security.

India Business News: MUMBAI: A volatile stock market in Jan notwithstanding, monthly inflows through SIPs in MF schemes went past the Rs 18K crore mark to settle at Rs 18,.

Contributions through systematic investment plans (SIP) surged to a record high of ₹18,838 crore in January higher by ₹1,228 crore than Decembers ₹17,610 crore.

Equity mutual funds in India saw a surge in inflows, reaching approximately ₹21,780 crores in January 2024, compared to ₹16,997 crores in December 2023. Sectoral/thematic and small-cap oriented funds were the primary contributors.

The asset base for SIP rose 3.12% in January to Rs 10.26 lakh crore. The SIP AUM was Rs 9.95 lakh crore in December. The number of SIP accounts stood at the highest ever of 791.71 lakh in January, compared to 763.65 lakh in December. The number of new SIPs registered in January also attained a new milestone, with 51.84 lakh new registrations as against 40.32 lakh in December.

Inflows into open-ended equity funds increased by 28 percent to ₹21,780.56 crore in January, marking the 35th consecutive month of positive inflows.