Year-ender 2024: Mutual fund SIP contributions soar 34% to Rs 25,320 crore

Mutual fund SIP contributions rose by 34% in 2024, reaching Rs 25,320 crore in November, up from Rs 18,838 crore in January. The SIP asset base increased by 32% to Rs 13.54 lakh crore. The average SIP ticket size grew by 4%, reaching Rs 2,476. November's gross SIP inflows were near an all-time high, marking continued strong inflows.