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Value investor- India mid & small caps

Bhaskar Chakraborty

Thematic (Sector/Industry)

<ul>
<li>62% of small cap funds, 38% of mid cap funds have negative 3-year SIP returns</li>
<li>33% of large cap funds have 3-year SIP returns lower than FD rate</li>
<li>AMFI data shows 50% of SIP accounts were registered since April-17</li>
<li>Discontinued SIP accounts in 9MFY19 are 24% higher than those over entire FY18. Net SIP additions are down 70% in last 6 months.</li>
<li>Even though gross SIP inflows are holding up, industry experts indicate net inflows have fallen from 70% of the gross in mid-2018 to 40% currently.</li>
</ul>


62% of small cap funds, 38% of mid cap funds have negative 3-year SIP returns
33% of large cap funds have 3-year SIP returns lower than FD rate
AMFI data shows 50% of SIP accounts were registered since April-17
Discontinued SIP accounts in 9MFY19 are 24% higher than those over entire FY18. Net SIP additions are down 70% in last 6 months.
Even though gross SIP inflows are holding up, industry experts indicate net inflows have fallen from 70% of the gross in mid-2018 to 40% currently.


India: Retail SIP Inflows Show Sharp Slowdown