Kalpen Parekh says: “Election is not a matter of worry. If something is a matter of worry, it is global geopolitical issues and how global flows move because we are more expensive than some of the other EMs. If flows turn, it could be a matter of worry and that can lead to intermittent volatility of 10 to 20% which happens every 18 months or two years election or no election.”
Feroze Azeez says: “Investor confidence has gone up on the back of education which has started in 2013. Liquidity, both on the domestic and the foreign institutional side seems robust because the domestic guys are putting money out of education and foreigners are putting on the probability of the continuance of the government. Plus, earnings have been very heartening.”
Anthony Heredia says: “Every other month, we are going to see a new peak in SIPs. SIP flows will trend to double the overall flows of the industry over the next three to five years. When I talk to investors, the comfort they have towards SIPs is probably 2x the comfort they have towards funds in general.”
Most of the mutual fund inflows were seen in equity funds. With ₹16,997 crore added to equity mutual funds in December, total inflows into equity schemes touched a whopping ₹1,61,573 crore during the calendar year 2023.
Investing in mutual funds through SIPs has become a successful strategy for long-term wealth creation in India. SIPs allow investors to systematically accumulate wealth by investing a certain amount at frequent intervals, harnessing the power of compounding and rupee-cost averaging.