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Systematic Investment Plans (SIPs) in Mutual Funds in India

News and Press Release - Dated:- 25-11-2016 - Press Information Bureau Government of India Ministry of Finance 25-November-2016 17:17 IST The number of has almost doubled from 60 lakh as on 31st March 2014 to 116.3 lakh as on 31st March 2016. It has .....

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Ps can be attributed to: · Increased investor awareness. · Focus on other than top 15 cities by Assets Under Management (AUM) of Mutual Funds. · General buoyancy in markets : With the Sensex remaining continuously above the 22,00 .....

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ments is placed at Annexure. Annexure Steps taken by SEBI to create awareness regarding SIP investments (i) To increase investor awareness: 2 basis points for investor education: In order to have greater and more focused investor education, mutual fu .....

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create awareness about SIPs through print, electronic and digital media. Also, 31 AMCs have adopted 182 districts across, 26 States to conduct focused financial literacy campaigns. These campaigns include explanation of the concept of SIPs. As a res .....

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rther, to promote financial inclusion, Mutual Foods (MFs) need to make available printed literature on MFs for investor awareness and education in regional languages. Also, MFs need to introduce investor awareness campaign, both in print an electroni .....

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uding postal agents, retired officials from government, banks, retired teachers etc. for distribution of simple products with simplified National Institute of Securities Markets (NISM) certification. (ii) To focus on other than top 15 cities by Asset .....

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