Amid the ongoing market volatility and benchmark indices down by 6% in February, the mutual fund monthly SIP inflows have ...

The number of active accounts stood at 44.56 lakh in February, while the number of discontinued accounts rose to 54.70 lakh.

MUMBAI: The number of discontinued SIP (Systematic Investment Plan) accounts surged to a staggering 54.70 lakh in February.

According to AMFI data, February 2025 witnessed 54.7 lakh SIPs being discontinued, while only 44.56 lakh new SIPs were ...

The decline is primarily due to February being a shorter month, according to the Association of Mutual Funds in India (AMFI).

Foreign securities have CINS or ISIN numbers instead of a CUSIP. How CUSIP Numbers Work Pronounced Q-sip CUSIP is an acronym for the Committee on Uniform Security Identification Procedures ...

With 54.7 lakh SIP accounts closed in February, more investors preferred to stop their SIP investments than registering new ...

Inflation and lower consumer confidence may have led to higher spending, impacting SIP numbers short-term," he explained. While acknowledging that market corrections could influence sentiment ...

The number of unique mutual fund investors in India is predicted to increase by more than five times, from 4.5 crore to 26 ...

This has resulted in the number of SIP outstanding accounts falling for the first time recent years to 10.27 crore last month against 10.32 crore in December. Notwithstanding this, SIP stoppage ...