Thursday, 4 January, 2024

Fintechs Drive Surge with 1.3 Million New Mutual Fund SIPs in November

Fintech platforms contribute to a notable growth in the mutual fund sector, adding 1.3 million new Systematic Investment Plans (SIPs) in November. The impact of fintechs on mutual fund investments, emphasizing the increasing popularity of SIPs facilitated by technology-driven platforms. This surge reflects the evolving landscape of investment practices and the pivotal role of fintechs in shaping the dynamics of the mutual fund industry.