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SIPs in mutual fund industry cross 5 crore mark for 1st time in Jan
short by Ashley Paul / on Wednesday, 9 February, 2022
Systematic Investment Plans (SIPs) in the mutual fund industry crossed the five crore mark for the first time in January this year. The industry added 14 lakh new SIPs in January, according to Association of Mutual Funds in India's data. The contribution of SIPs to the mutual fund industry in January stood at ₹11,516 crore.
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