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India's mutual fund industry saw a dramatic 233% rise in SIP inflows amid global challenges.
India's mutual fund industry has seen a dramatic increase this year, with net inflows in SIPs rising by 233% to Rs 9.14 lakh crore.
Despite facing geopolitical challenges, the sector has also witnessed a 135% surge in total net inflows and a 39% jump in assets under management.
The report by ICRA Analytics suggests the industry's growth is driven by investor confidence and India's strong economic position globally.
4 months ago
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