New Delhi: The growth journey of mutual funds has got a huge boost from retail investors in 2024. During this period, Systematic Investment Plan (SIP) investments witnessed a sharp surge. Data from the Association of Mutual Funds in India shows that SIP investments in the January-November period totaled Rs. 2.4 lakh crore. Which will increase to Rs. in November 2024. Reached Rs 25,320 crore.
The record investment in active equity schemes was a major contributor to the increase in investment through Systematic Investment Plans (SIP). By November, investors poured a record amount of rupees into active equity schemes. An investment of Rs 3.5 lakh crore has been made, which will increase to Rs 3.5 lakh crore in the calendar year 2023. 1.6 lakh crore is more than double the amount. SIP alone Rs. Total active equity fund investment of around Rs 3.5 lakh crore. A contribution of Rs 2 lakh crore has been made.
Equity fund schemes have given strong returns in recent years amid the market boom. However, the benchmark indices have given returns of around 8 per cent in 2024. Nifty Midcap 100 and Nifty Smallcap 100 have given returns of more than 24 percent. Equity gave better returns in 2023.
As of November, the funds had added 98 lakh investors in 2024, up from 54 lakh in 2023. The number of unique investors in November 2024 was 5.18 crore. In addition to the past strong performance, a record number of fund launches across active and passive equity schemes have also led to an increase in investor footfall. The funds launched 153 equity schemes in 2024. Whereas in 2023 this number was 89.
Mutual funds in 2024 (as of December 20) will be worth Rs. Equity worth Rs 4.2 lakh crore was purchased. According to experts, if FPIs continue selling, the fund will remain an important support for the investment market.
