Strong rebound on D-Street fails to push growth in SIP accounts

The pace in new SIP accounts improved marginally to 11 lakh in July from 9.1 lakh in the previous month. But, higher discontinuation reduced the overall monthly growth in the outstanding SIP accounts to 1.2 per cent in July 2020 compared with the four-year average of 2.4 per cent.

from Stocks-Markets-Economic Times https://ift.tt/2Cp2F3u