Strong SIP Inflows Reflect Investor Confidence

The mutual fund industry is growing in India and is supporting market inflows like never before. In February we saw a monthly inflow of Rs 13,686 crore. Interestingly, the live SIP accounts increased by 6.63 lakhs in February. This takes the live SIP count to 6.28 crore. Equity schemes form the chunk (84 per cent) of the live accounts with 5.29 crore live counts followed by hybrid and index funds and Debt Funds. These inflows by the domestic investors reflect the maturity of the investors and the confidence they have in the strength of the Indian macros. 

The ability to stick with the broader investment plan in volatile times is the key to financial success and mutual fund investment planning. The growing number of live SIP accounts spells a good sign for the mutual fund industry. While analysing any mutual fund scheme for investments investors often ignore studying the fund managers. In the cover story of this issue we have focused on the ‘best fund managers’ that are in action in the mutual fund industry. 

I am sure the interesting observations will prove to be more than useful for you all. In our special story we have talked about the better ways to identify a sectoral fund to be included in your mutual fund portfolio. As volatility grips the market, investing in a systematic manner will prove to be extremely profitable. The year 2023 is turning out to be volatile and the only way to beat this volatility is to invest regularly and systematically. Do not stop your regular investments at any cost and if possible top up your mutual fund investments!

Yogesh Supekar
Executive Editor