Experts feel that across generations mutual fund investment is a wise choice. April saw a record-breaking 63.7 lakh new SIP registrations, marking a 32.1% surge from the 3-month average.
As per the latest data shared by the Association of Mutual Funds of India (AMFI), the monthly SIP was at Rs 20,371 crore as against Rs 19,271 crore in March and Rs 19,187 crore in February 2024.