Indian savers are increasingly favoring Systematic Investment Plans (SIPs), with average monthly gross inflows more than doubling to 28,202 crore in FY26. This surge, driven by robust equity fund returns and a preference for disciplined investing over lump sums, has ballooned SIP assets under management significantly.
Indian benchmark indices hit fresh highs on Monday but failed to sustain gains, closing lower. The NSE Nifty ended down 0.3% and the BSE Sensex declined 0.4%, despite upbeat Asian markets. Profit-taking at higher levels and a decline in HDFC Bank contributed to the fall.
