Interesting facts about SIPs..!
Indian Mutual Fund Industry today has 1,08,50,000 active SIPs
SIPs bring more than Rs. 3500 crores every month to markets
In august, fresh 5.74 lakh SIPs were registered
Total SIP AUM has reached 1.25 lakh crores which is 8% of total Indian MF AUM.
56 lakh SIPs are active for more than five years today
Another 14 lakh SIPs are more than 3 years old
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