India's SIP Inflows Surpass ₹26,000 Crore in December 2024

SIPs in India have reached a record high, touching ₹26,000 crore for the first time in December 2024. The total SIP inflow reached ₹26,459 crore, a significant rise from ₹25,320 crore in November. This growth is reflective of growing investor confidence and robust market conditions, driven by new fund offers that attracted substantial investments. In addition, equity mutual fund inflows had jumped 14.3% to ₹41,136 crore during the same month. This great trend reflects that SIPs have become the popular investment strategy in India among the retail investors.

Source: CNBC TV18, Business Today, In.investing