SIP inflows@record high: Key takeaways from its remarkable growth journey

SIP inflows reached Rs 213 billion, growing 53% since January. Contributions hit Rs 1.19 lakh crore, AUM at Rs 60.89 lakh crore in June. Record highs in SIP AUM, equity funds, with 8.99 million SIP accounts, 17 NFOs, Rs 12,974 crore from sectoral funds, and record retail folios. Despite debt mutual fund outflows, investors remain cautious with the Union Budget.