FINANCE
How did mutual fund SIPs flow in war-plagued March?
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?
Would you like to see more such topics?