Mutual fund SIP inflows surge 10% to surpass Rs 23,000 crore for the first time

Even as equity mutual fund (MF) inflows fell by 9% in July, SIP inflows surged 10%, crossing the Rs 23,000 crore mark for the first time. Latest AMFI data reveals that monthly SIPs increased from Rs 21,262 crore in June to Rs 23,332 crore in July.
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