Mutual fund SIP stoppage ratio shoots up to nearly 300% in April; fewer takers amid market volatility
In April, mutual fund SIP stoppage ratio surged, indicating more SIPs were discontinued than new ones registered. Despite this, SIP inflows reached a record high of ₹26,632 crore, driven by a rise in contributing accounts. AMFI emphasizes the importance of long-term investment strategies amid market volatility, highlighting India's resilient economic fundamentals.