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SIP stoppage ratio at 3rd highest level in history
short by Pragya Swastik / on Wednesday, 11 December, 2024
The systematic investment plan (SIP) stoppage ratio, the percentage of SIPs discontinued/expired relative to new registrations in a month, reached near-record levels of 79.12% in November. It was the fourth straight month of an increase in the stoppage ratio, touching the third-highest level ever. SIP discontinuations rose to 39.14 lakh in November, up from 38.8 lakh the previous month.
read more at Moneycontrol