SIP inflows into active equity schemes from areas beyond the top 30 cities (B30), which first crossed this milestone in September 2025, stood at Rs 10,080 crore in October, industry data shows.......
More than 50 per cent of SIP accounts come from semi-urban and rural areas. Illustration: Uttam Ghosh/Rediff.com India's smaller cities and rural areas give a wider picture of how the economy is......
Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors. Illustration: Uttam Ghosh/Rediff.com The assets......
Mutual funds (MFs) are seeing higher growth in new systematic investment plan (SIP) accounts in rural areas (beyond 30 or B30 centres) compared to the top 30 (T30) cities. Illustration: Dominic......
'Indian investors have always been debt-heavy but with growing financial awareness they are getting comfortable with equities.' Illustration: Dominic Xavier/Rediff.com The share of retail......