A s many as 1.62 crore Systematic Investment Plan folios were counted as ‘cancelled’ by the mutual fund industry in April, ...

They're more likely to appeal to investors who want to stray from stocks — say, into mutual funds or even cryptocurrency — or who want a service that will manage their investments for them.

In April, mutual fund SIP stoppage ratio surged, indicating more SIPs were discontinued than new ones registered. Despite ...