Mutual fund SIP investments can hit Rs 1 trillion mark by 2030
Sat, Nov 30, 2024 4:18 PM

Mutual fund SIP investments can hit Rs 1 trillion mark by 2030

A Flip by Shubhangi Gupta
Get it on Google Play
India aims to reach Rs. 1 trillion in monthly SIP inflows by 2030, driven by enhanced investor education, technological advancements, and a growing middle class. The Indian mutual fund industry has seen remarkable growth, with consistent improvement in monthly SIP investments, bringing the country closer to its target.

More great flips

Vinay Rajani of HDFC Securities suggests three stocks to buy in near term

Vinay Rajani of HDFC Securities suggests three stocks to buy in near term

Short term support for the Nifty 50 is seen at 24,400, while resistance for the same is seen at 24,750. Technical Picks: Stocks to buy in the near-term- đź“ŚBuy Karur Vysya Bank (236): | Targets Rs. 269 | Stop-loss â‚ą220; đź“ŚBuy APL Apollo (1599): | Targets Rs.1740 | Stop-loss â‚ą1515; đź“ŚBuy Mastek (3290): | Target Rs. 3550 | Stop-loss â‚ą3150.

Open Flip
Bausch + Lomb confirms it is exploring a potential sale

Bausch + Lomb confirms it is exploring a potential sale

Bausch + Lomb said it authorized management and advisers to explore a potential sale of the eye health company after shares dropped over reports of faltering deal talks with a group of private equity firms. The company said a sale was “one of several options being explored to complete a full separation from Bausch Health Companies Inc.,” in a statement on Thursday.

Open Flip
FIIs net sell shares worth Rs 3,560 crore, DIIs net buy Rs 2,647 crore

FIIs net sell shares worth Rs 3,560 crore, DIIs net buy Rs 2,647 crore

Domestic institutional investors (DIIs) net bought shares worth Rs 2,647 crore on December 12, while foreign institutional investors (FIIs) sold shares worth Rs 3,560 crore, provisional data from NSE showed. During the trading session, DIIs bought Rs 13,419 crore and sold shares worth Rs 10,772 crore, and FIIs purchased Rs 14,504 crore in shares while offloading equities worth Rs 18,064 crore.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon