InvestorQ : How were the SIP flows into mutual funds in the month of September 2021 and what do they indicate?
Dilmini Mercia made post

How were the SIP flows into mutual funds in the month of September 2021 and what do they indicate?

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Dawn Cherian answered.
2 months ago
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For the month of September 2021, the Systematic Investment Plans or the SIP flows stood at a healthy Rs.10,351 crore. This is the first time that monthly flows crossed Rs.10,000 crore, although they have been hovering above Rs.9,500 crore in last few months. Even on a median basis, the SIP flows have averaged at much higher levels than previous years. This can be interpreted that SIP as an investment idea is here to stay and grow further.

What does this show? For one thing, the retail appetite is very strong. It is safe to assume that SIP money is largely retail money flowing into equity funds. They also indicated that the major redemptions in equity funds are happening from bulk investments while SIPs have a tendency to be a lot stickier. Also, the good thing is that a large number of millennials have been entering the equity markets through the SIP route and are here for the long haul.

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