For the first time ever, annual SIP inflows cross the Rs 1 lakh-crore mark

Boosted by the SIP inflow, the domestic funds deployed ₹63,439 crore in the equity market while the FPIs invested close to ₹43,193 crore in the first eleven months of 2021. As a result, the share of the local funds in the total institutional equity AUM rose to 16.8% in November, the highest since February 2020, according to NSDL data.