Mutual fund SIPs steady even as sensex slumps
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Retail investors continued to invest in mutual funds throughout January, despite volatility in the stock market. Monthly SIP inflows remained high at over Rs 26,000 crore. However, a reconciliation process led to a reduction in SIP accounts and total assets under management. Investors showed a preference for hybrid funds over thematic schemes due to uncertain market conditions. What's Your Reaction?
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