\n Month<\/strong>\n <\/td>

\n SIP\n Contributions (Rs in crore)<\/strong>\n <\/td>\n<\/tr>

\n <\/strong>\n <\/td>

\n FY 2018-19<\/strong>\n <\/td>

\n FY 2017-18<\/strong>\n <\/td>

\n FY 2016-17<\/strong>\n <\/td><\/tr>

\n March\n <\/td>\n

8,055<\/td>\n

7,119<\/td>\n

4,335<\/td>\n<\/tr>\n

February<\/td>\n

8,095<\/td>\n

6,425<\/td>\n

4,050<\/td>\n<\/tr>\n

January<\/td>\n

8,064<\/td>\n

6,644<\/td>\n

4,095<\/td>\n<\/tr>\n

December<\/td>\n

8,022<\/td>\n

6,222<\/td>\n

3,973<\/td>\n<\/tr>\n

November<\/td>\n

7,985<\/td>\n

5,893<\/td>\n

3,884<\/td>\n<\/tr>\n

October<\/td>\n

7,985 <\/td>

\n 5,621\n <\/td>

\n 3,434\n <\/td><\/tr>

September <\/td>

7,727 <\/td>

\n 5,516\n <\/td>

\n 3,698\n <\/td><\/tr>

\n August\n <\/td>

7,658 <\/td>

\n 5,206\n <\/td>

\n 3,497\n <\/td><\/tr>

\n July\n <\/td>

7,554 <\/td>

\n 4,947\n <\/td>

\n 3,334\n <\/td><\/tr>

\n Jun\n <\/td>

7,554 <\/td>

\n 4,744\n <\/td>

\n 3,310\n <\/td><\/tr>

\n May\n <\/td>

7,304 <\/td>

\n 4,584\n <\/td>

\n 3,189\n <\/td><\/tr>

\n April\n <\/td>

6,690 <\/td>

\n 4,269\n <\/td>

\n 3,122\n <\/td><\/tr>

\n Total during FY<\/strong>\n <\/td>

92,693<\/strong> <\/td>

\n 67,190<\/strong>\n <\/td>

\n 43,921<\/strong>\n <\/td><\/tr><\/tbody><\/table><\/center>\n\n\n\n
Data as on April 24 , 2019
\u00a0(Source: AMFI) <\/p>\n\n\n\n
The volatility of the Indian equity markets hasn\u2019t deterred individual investors. In fact, by contributing via for Systematic Investment Plans (SIPs)<\/a> (see table above), investors have managed volatility with the rupee-cost averaging feature of SIPs in their endeavour to compound hard-earned money to accomplish the envisioned financial goals <\/p>\n\n\n\n
According to the AMFI data, there\nare about 2.62 crores (26.2 million) SIP\naccounts through which investors invest regularly. And there has been an\naddition of about 9.13 lacs SIP accounts each month, on an average, during the\nFY 2018-19, with an average SIP size of about Rs 3,070 per SIP account. <\/p>\n\n\n\n
[Read<\/strong>: Best SIPs To Invest in 2019<\/a>]<\/p>\n\n\n\n
Retail and High Net-worth Individuals (HNIs) have preferred to take the services of a Mutual Fund distributors \/ investment advisers, while institutional investors have gone direct.<\/p>\n\n\n\n
Interestingly, the\nparticipation has been relatively higher from the the B30\nlocations, i.e. the locations beyond the top 30. Around 65% of the assets\nfrom B30 locations and 38% of the T30 assets are in equity schemes as on March 2019.<\/p>\n\n\n\n
The capital market regulator has persistently\ntaken a number of measures in the interest of investors, be it:<\/p>\n\n\n\n
Ban on entry load<\/li>
Mutual fund commission and disclosure norms<\/a>;<\/li>
Product labelling<\/li>
Colour coding to risk-o-meter<\/li>
Introduction of Direct Plans<\/a> for mutual fund schemes<\/li>
Categorisation and Rationalisation of Mutual Fund scheme<\/a>s<\/li>
Cut down on New Fund Offers<\/li>
Diktat on Expense Ratio<\/a><\/li><\/ul>\n\n\n\n
\u2026and many more!<\/p>\n\n\n\n
The journey ahead…<\/strong><\/p>\n\n\n\n
Going forward, the regulator is likely to take measures that are in the interest of mutual fund investors and the industry, which will \u00a0boost the confidence of individual investors. <\/p>\n\n\n\n
For the Indian mutual fund industry to\nscale new heights, the collective effort of distributors, investment advisers\nis necessary. Mutual fund distributors and investment advisers also need to\nwell receive the regulatory changes. <\/p>\n\n\n\n
In addition, while conducting mutual\nfund distribution \/ investment advisory practice, it is necessary to keep\ninvestors\u2019 interest the at the fore at all times, and recommend products based\non their needs, risk profile, investment objectives, financial goals, and their\ntime horizon. Also, educate investors on the importance of asset allocation,\nwhich is a strategy in itself. This judicious approach can help IFAs gain the\nconfidence of investors. <\/p>\n\n\n\n
[Read: <\/strong>Asset Allocation: Hocus-Pocus Or The Essence Of Successful Investing?<\/a>]<\/p>\n\n\n\n
You see, only when mutual fund\ndistributors and investment advisers earn the trust and respect of clients by\nfollowing high fiduciary standards at all times, they can grow, their clients\ncan grow, and the Indian mutual fund industry will be able to scale new\nheights.<\/p>\n","protected":false},"excerpt":{"rendered":"
It has been two years since the launch of the \u2018Mutual Funds Sahi Hai\u2019 campaign in March 2017. And considering the way Indian investors have always invested\u2014in physical assets (gold and real estate) and traditional avenues (viz. Bank FDs PPF, and other small saving schemes)\u2013\u2013the Indian mutual fund industry has made commendable progress supported by…<\/p>\n","protected":false},"author":4,"featured_media":213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/189"}],"collection":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/comments?post=189"}],"version-history":[{"count":12,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/189\/revisions"}],"predecessor-version":[{"id":212,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/posts\/189\/revisions\/212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/media\/213"}],"wp:attachment":[{"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/media?parent=189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/categories?post=189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.certifiedfinancialguardian.com\/index.php\/wp-json\/wp\/v2\/tags?post=189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}