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Finance & Markets

Investors’ equity rush helps SIP assets triple in five years

Mutual fund SIP investments have seen significant growth over five years. The number of unique mutual fund investors increased substantially during this period. SIP assets under management more than tripled, reaching ₹14.83 lakh crore. Equity funds continue to dominate SIP investments, holding an 87% share. Other categories like hybrid and passive funds also experienced notable increases.

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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TIGER ETF Blends Chip Growth, Dollar Assets

Mirae Asset Global Investments will list the “TIGER Samsung Electronics SK hynix U.S. Treasury Mixed 50” on August 25, seeking at the same time the growth potential of Samsung Electronics and SK hynix…

  • TIGER ETF launches August 25 with Samsung Electronics, SK hynix, and U.S. Treasuries
  • 25% assets in Samsung Electronics and SK hynix for AI infrastructure growth
  • 50% in short-term U.S. Treasuries to hedge domestic stock volatility

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