Why are so many people investing into mutual funds currently?
Mutual Funds April 16, 2020
Team lxme
SIP Inflows touch all time high despite market decline in March 2020
Investments in mutual funds through SIP touched an all-time high of ₹ 8,641 crore in March 2020 as per latest AMFI data. This, despite an over ~30% decline across the broader stock market during the month. Retail investors continued to invest in the mutual funds through systematic investment plans (SIP)- adding more folios and AUM particularly in equity mutual funds.
FY21 also witnessed total inflow through SIP investments crossing ₹ 1 trillion mark during the 12 month period vs ₹ 92,693 crore in FY20.
SIP inflows FY21 vs NIFTY
What does one infer from the steady increase in SIP AUM by retail investors?
- Systematic investment plans is also about maintaining discipline while investing. A steady increase in monthly SIP investments indicates growing discipline among retail investors.
- In addition, retail investors seem to have used this crisis and the market correction as an opportunity. Continuing with your SIPs helps average investments and improve your overall returns through compounding, once the markets recover.
So, have you made the most of this market correction?? This is a good time to begin your SIP investments for long term financial goals.
Please note, The Lxme Dream Card services has been discontinued from 30th November, 2024 to make way for something very exciting!
Sorry for the inconvenience caused and stay tuned for something really special!
New Investor? Request a Callback.
Fill in your details and we will guide you at every step
other blogs
Mutual Funds July 30, 2024
Smart Emergency Fund Investment: Building Financial Security
Welcome to our comprehensive guide on Emergency Fund Investment. In today’s unpredictable world, having a financial safety net is paramount. In this article, we’ll delve into the art of smart money management, helping you understand the best strategies for emergency fund investment and cover all the importance of emergency fund. Discover how to make your … Smart Emergency Fund Investment: Building Financial Security
By Siddhi Sharma
Mutual Funds Saving July 29, 2024
7 Reasons Women Should Have Emergency Savings
Ladies, here’s a questionnaire for you: What would you do in case of a medical emergency? Ask for money from friends or put it on the credit card? What would you do if your company didn’t give you a maternity leave? Leave the job or keep working & stressing? What would you do if your … 7 Reasons Women Should Have Emergency Savings
By Priya Agrawal, CFP®
Mutual Funds Saving
A Simplified Guide To Financial Planning for Women In India
Welcome to our insightful guide on financial planning for women in India! At Lxme, we recognize the unique financial journey of women and provide a simplified approach to help you navigate through it. Discover empowering insights and expert advice on effective financial planning and investments tailored specifically for women. Let’s embark on this journey together … A Simplified Guide To Financial Planning for Women In India
By Siddhi Sharma