Nifty would have plunged to 20K without retail, DIIs’: Gurmeet Chadha calls for rewarding patient risk capital
Market veteran Gurmeet Chadha has come out in strong support of retail investors and Domestic Institutional Investors (DIIs), without whom Nifty would have plunged to 20,000. He advocated rewarding them for their patient, long-term capital.
The statement was made in the wake of the December mutual fund data released today, which stated that systematic investment plan (SIP) inflows had hit a fresh record high, with contributions rising to Rs 31,002 crore, compared with Rs 29,445 crore in November. The SIP contributions increased 5% month-on-month (MoM) and 17% year-on-year (YoY), from Rs 26,459 crore in December 2024.
“SIP book grows to 31000 cr in a tough environment. Heartening to see this… Nifty wud have been 20k levels without retail & DIIs & broader financial stability would have been impacted with FIIs selling 6 lac crore in last 2 yrs. We need to reward patient long term risk capital,” Chadha said in a tweet on Friday.
SIP book grows to 31000 cr in a tough environment.
Heartening to see this… Nifty wud have been 20k levels without retail & DIIs & broader financial stability would have been impacted with FIIs selling 6 lac crore in last 2 yrs
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