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Mutual fund SIPs hit new high of Rs 21,260 crore in June, cross Rs 1 lakh crore mark in 2024

Mutual fund SIPs hit new high of Rs 21,260 crore in June, cross Rs 1 lakh crore mark in 2024

In June, mutual fund (MF) SIP contributions exceeded Rs 20,000 crore, totaling Rs 21,260 crore, up from Rs 20,904 crore in May. Total SIP contributions for the first half of 2024 surpassed Rs 1 lakh crore, reaching Rs 1.19 lakh crore.

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