Page 54 - Sip News Today

"The net inflows into the mutual fund industry were to the tune of Rs 25,616 crore in November 2023, up from Rs 11,373 crore in January this year. On a year-on-year basis, net inflows surged by 93% compared with Rs 13,264 crore in November 2022," it said. The net AUM (assets under management) stood at around Rs 49.05 lakh crore as of November 30, 2023, up from Rs 39.62 lakh crore as of January 31, 2023.

Most experts believe that the key to financial planning is diversification based on your risk profile as well as the duration you want to remain invested for.

The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.

Investments in Motilal Oswal Asset Management Company’s active fund NFO launched after a hiatus of four years, come from over 50 cities across India.

One of the biggest advantages of an SIP is the convenience it provides. The specified amount is automatically transitioned from your savings bank account to your chosen mutual fund.

A granular peek will offer a clearer picture of retail investor behaviour for better advice to be given.

At the time of registering an SIP, the investor has to choose an amount and tenure, which cannot be changed later. If the investor desires to increase the amount, one option is to start a new SIP equivalent to that amount. However, many wish to automate this process.

SIP contribution in mutual funds reached ₹1,66,131 crore in the first 11 months ending Nov 30, 2023 witnessing 22.23 percent increase from previous year’s contribution for the corresponding period.

Before delving into the specifics of SIPs, it's essential to grasp the fundamentals of retirement planning.

Pti: Benefits of Starting an SIP with Bajaj Finserv Flexi Cap Fund