Economic Survey 2025: Monthly SIP Flows More Than Doubled In The Last 3 Years
Date
1/31/2025 5:01:13 AM
(MENAFN- Live Mint) In the run up to the Budget 202 , Union Finance Minister Nirmala Sitharama tabled the Economic Surve 2024-2025 in the Parliament on Jan 31, giving an assessment of the economy's performance in the current financial year while listing out the challenges ahead.
The survey document keeps GDP growth forecas for FY26 in the range of 6.3 to 6.8 percent.
Foreign exchange reserves remain at $640.3 billion at the end of Dec 2024 while the current account deficit stands at 1.2 percent of GDP in Q2FY25, it reveals.
However, an interesting thing relating to retail investors' investing pattern which the survey has revealed is the contribution of retail investor to mutual funds via systematic investment plan (SIP).
There are over 10 crore SIP account in Dec 2024 (in comparison to 5.2 crore in FY 2022) with cumulative SIP inflows of ₹10.9 lakh crore since inception, the Economic Survey 2024-25 reveals.
Monthly average gross SIP flows have more than doubled in the last three years from ₹0.10 lakh crore in FY 22 to ₹0.23 lakh crore in FY 25 (up to Dec 2024), it further highlights.
Total assets managed by SIPs amount to ₹13.6 lakh crore, while the corresponding figure in FY 2022 stood at 5.8 lakh crore, and 10.7 lakh crore in FY 2024.
SIP contribution rose from 1.2 lakh crore in FY 2022 to 2.1 lakh crore in FY 2025 (upto Dec 2024), the data reveals.
As a result of all of the above, mutual fund ownership in listed companies has now risen to a new all-time high of 9.5 percent in Q2FY25, vis-à-vis 8.7 percent in FY24, the Economic Survey reveals.
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