The Economic Times

Mutual fund SIP flows double in nearly 3 years, investor accounts rise 12.5% YoY: Franklin Templeton India MF

Mutual fund SIP inflows rose 12% YoY to Rs 31,961 crore in July, while SIP accounts increased 12.5% to 10.63 crore. Franklin Templeton India highlighted strong inflows into flexicap and multi-asset funds, along with rising passive fund AUM and broader growth across the mutual fund industry.