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mutual fund SIPs: Fintechs cornering SIP business as direct mutual funds gain ground

Data from last year, sourced from asset management companies, showed that on an average SIPs through platforms such as Groww, PhonePe and ET Money ranged between Rs 1,500 to Rs 2,500 against Rs 5,000 for traditional firms.

India , Lucknow , Uttar-pradesh , Neelesh-verma , Etmoney-kalra , Mukesh-kalra , Ujjwal-jain , Times-group , Association-of-mutual-funds , Indian-school-of-business , Offering-college , Programme-in-fintech