Financialisation of savings growing, especially after Covid pandemic: AMFI chief ...Middle East

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Financialisation of savings growing, especially after Covid pandemic: AMFI chief
New Delhi: The retail investor has realised that SIP is the financial version of ‘fill-it, shut-it, forget-it’, the popular tagline from an ’80s motorcycle advertisement, Venkat Chalasani, Chief Executive of the Association of Mutual Funds of India (AMFI), told IANS. “You don’t have to remember to invest every time, as once you start an SIP, you can keep it on for how many months/years you wish to. Investing and withdrawal are both easy,” he said during an interview. On the growing trend of SIPs, the AMFI chief said that the Indian investors have realised that if they want to grow with the progressing economy, create wealth over the long term, and overcome inflation, they must take part in

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