Top Tweets for #SIPMyth
@amitgupta0310 You have mentioned #SIPmyth :) .. Hni behaviour has some history. Also criteria of hni now ? I remember some cdsl note saying 10 lakhs as hni
Between April 2014 to March 2018
Equity AUM = 73476 bn to 150290 bn increase
Equity AUM of domestic funds = 1917 bn to 7498 bn = 5581 bn rise
Out of 5581 bn = Domestic money 4726 bn = 2206 bn (HNI)+ (2519 bn (Retail)
So almost 45% money belongs to HNI which is "sticky" #SIPmyth
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