Monthly SIP Crosses ₹16k Cr For The First Time Ever In September | Stock News
SIP contribution on a monthly basis crossed ₹16k crore mark for the first time ever and even the unique investors crossed the 4 cr mark-indicating a strong investor confidence in the markets. Strong inflows seen in Smallcap, Midcap for 8th straight month however on a sequential basis there was a moderation in inflows in the Smallcap category.Outflows seen in Large Cap funds for 5th straight month. Sectoral, Flexi Caps funds see strong inflows indicating rotation from small-cap funds, analysts say. Overall flows fall after 2-months due to outflows in debt-oriented schemes due to taxation payments by corporations and banks taking money out of liquid funds and transferring to RBI for treasury operations.
#monthlysip #stocknews #smallcap #sip
Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3
Subscribe Now To Our Network Channels :-
Times Now : http://goo.gl/U9ibPb
The NewsHour Debate : http://goo.gl/LfNgFF
To Stay Updated Download the Times Now App :-
Android Google Play : https://goo.gl/zJhWjC
Apple App Store : https://goo.gl/d7QBQZ
Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com