Amid the ongoing market volatility and benchmark indices down by 6% in February, the mutual fund monthly SIP inflows have ...
SIP is a protocol that gives you a unique identification (a SIP number or address) on the internet that you can use as a ...
The number of active accounts stood at 44.56 lakh in February, while the number of discontinued accounts rose to 54.70 lakh.
According to AMFI data, February 2025 witnessed 54.7 lakh SIPs being discontinued, while only 44.56 lakh new SIPs were ...
The decline is primarily due to February being a shorter month, according to the Association of Mutual Funds in India (AMFI).
Foreign securities have CINS or ISIN numbers instead of a CUSIP. How CUSIP Numbers Work Pronounced Q-sip CUSIP is an acronym for the Committee on Uniform Security Identification Procedures ...
Inflation and lower consumer confidence may have led to higher spending, impacting SIP numbers short-term," he explained. While acknowledging that market corrections could influence sentiment ...
With 54.7 lakh SIP accounts closed in February, more investors preferred to stop their SIP investments than registering new ...
The number of unique mutual fund investors in India is predicted to increase by more than five times, from 4.5 crore to 26 ...