Reliance MF said that on an average the fund house is getting investments of Rs. 600 crore per month by adding 50,000 new SIPs to its portfolio.
Reliance Mutual Fund said that it has seen the number of its new ‘Systematic Investment Plans’ grow three-times to 50,000 per month, according to a report published by a newswire.
Reliance MF, run by Reliance Capital Asset Management Company, said that on an average the fund house is getting investments of Rs. 600 crore per month by adding 50,000 new SIPs to its portfolio, the report said.
An SIP allows an investor to make investment of a fixed and small sum on a monthly basis or other regular intervals in a mutual fund scheme
Reliance Mutual Fund said that it has seen the number of its new ‘Systematic Investment Plans’ grow three-times to 50,000 per month, according to a report published by a newswire.
Reliance MF, run by Reliance Capital Asset Management Company, said that on an average the fund house is getting investments of Rs. 600 crore per month by adding 50,000 new SIPs to its portfolio, the report said.
An SIP allows an investor to make investment of a fixed and small sum on a monthly basis or other regular intervals in a mutual fund scheme
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