Mutual fund SIP inflows rise 4% to Rs 29,361 crore in September

Systematic Investment Plan (SIP) inflows into mutual funds saw a healthy 4% rise in September, reaching Rs 29,361 crore. However, equity mutual funds experienced a second consecutive month of decline, with inflows dropping 9% to Rs 30,422 crore. Midcap and smallcap funds remained popular, attracting substantial investments.