SIP closure ratio at 27 month-low of 43% in February: AMFI data

In February, 49.80 million new SIP accounts were registered, compared with 51.84 million a month ago — down 4 percent. Discontinuations fell 10.3 percent during the period, from 21.33 million to 23.8 million, data from the Association of Mutual Funds in India shows

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​ In February, 49.80 million new SIP accounts were registered, compared with 51.84 million a month ago — down 4 percent. Discontinuations fell 10.3 percent during the period, from 21.33 million to 23.8 million, data from the Association of Mutual Funds in India shows In February, 49.80 million new SIP accounts were registered, compared with 51.84 million a month ago — down 4 percent. Discontinuations fell 10.3 percent during the period, from 21.33 million to 23.8 million, data from the Association of Mutual Funds in India shows  Moneycontrol Latest News Read More