How did mutual fund SIPs flow in war-plagued March?

FINANCE

More SIPs were stopped than started during the month of March, as market turmoil increased due to the Iran war.

Around 53.3 lakh SIPs were discontinued vs 52.8 lakh added, as per industry body AMFI.

However, overall SIP investments hit a record ₹32,087 crore in March, and number of SIP accounts increased to 9.72 crore from 9.44 crore.

What should you do?

•DON’T JUMP TO CONCLUSIONS: Market volatility causes some caution but it may be too early to read this as a shift in investor behavior. Year-end portfolio rebalancing could also be a factor, as per CNBC TV 18.
•EXPERTS SUGGEST DISCIPLINE Many market experts suggest discipline during volatility, as quoted by Mint recently.
•CURRANT DOES NOT OFFER INVESTMENT ADVICE

Would you like to see more such topics?