SIPs Drive Mutual Fund Investments
2023 • 19min • News • Business
Published On: April 13, 2023 - Systematic Investment Plans (SIP) aid record inflows into mutual funds as equity funds surged to a 12-month high in March. Data released by the Association of Mutual Funds in India also shows that debt mutual funds saw heavy outflow in March 2023 as the taxation benefit on indexation got eliminated. Kartik Malhotra joins Personal Finance coach Harsh Roongta to decode the numbers for the month gone by and discuss the outlook for the industry moving forward.