SIP gains confident among retails investor even in volatile scenarioSIP route of investment have shown a satisfying growth even in tough market condition.
11 Jul 2008
The volatility in the market has forced most of the investor to have a suspicious approach. But the indirect method of investment like the systematic investment plans (SIPs) continues to be favorable choice for retail participants.
According to the fund houses, SIP route of investment have shown a satisfying growth for the past few months. At present, nearly 30 lakh investors are in SIPs. Across 250-odd equity schemes of fund houses, the average ticket size is Rs 2,500 per month.