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sip: SIP numbers will be at least double of what they are today in 2 years: Anthony Heredia

“Perhaps Rs 32,000 crore sounds outlandish but the way retail investors are thinking about SIPs is probably the best route to participate in equity markets for the long term. I do not see any reason why it cannot grow to that number. SIPs is not just a great way for retail investors to participate but a lot of high net worth investors are also using the systematic route either through SIPs or STPs to come in.”
Uttar Pradesh Anthony Heredia Mahindra Manulife Indian School Of Business Offering College Leadership Excellence

Samco Mutual Fund files draft for balanced advantage fund

The scheme will allocate 0-100% in equity and equity related instruments including derivatives, 0-100% in debt and money market instruments, including units of debt oriented mutual fund schemes, 0-35% in foreign securities including ADRs / GDRs / foreign equity and debt securities, and 0-10% in units issued by REITs & InvITs.
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