SIP data indicates retailers now hitting PANIC button

@nithin cautioned multiple times about the cyclical nature of market. But shouldn’t one buy more when markets are at lower range so that they get higher units? or is the market slowdown affecting the savings of some investors. Worth thinking, how much % of SIP investors have income source which is not from market and if the number is high, ideally these people should average more.


just a thought… Ppl shut SIP accounts for various reasons - Could market slowdown be a red herring?

Food inflation has been high of late. Home loan rates have increased. Tenures have also gone up… There have been mass lay-offs in a few sectors. Could this be a possible additional factor? Discretionary purchases are taking a backseat for the middle class…There has been an increase in debt too which might show how ppl are borrowing to spend on basic needs/ pay off loans… ppl could be eating into their savings for buying essentials…

Many reports are highlighting how consumption demand is highly skewed in favour of luxury goods / services- luxury housing, high-end cars (e.g. recent news about DLF & Mercedes) consumed by the elite ultra wealthy group. But the plunging sales of Page Industries highlights the other side of the spectrum & the possible onset of recession (i wasn’t sure of using the dreaded r word but there i used it.)
(further reading:

refer: What happens to your loan tenure if there is a rate hike?


This isn’t related to SIPs but suddenly quite a few NFOs have been called off/ withdrawn… possibly because of the the last min tax changes announced by FM late last month.

Axis S&P 500 ETF Fund of Fund NFO has been called off / withdrawn as it could not collect the min amount of Rs10 crore.

Aditya Birla TMF SDL Sep 2028 Index Fund which closed on 5th April too has been called off - again couldn’t collect 10 crore.

Ppl who invested in the NFOs will get refund.

The MF SIP book crossed 14,000 crore mark in March.
It took 5 months to increase from 13,000 crores to 14,000 crores.

Must be that sweet sweet ELSS investments coming through XD

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what these data points tell us is that a small section, or the well-to-do part of the society, is doing even better than it was in the past. On the flip side, data collection that would have given us the right economic picture for a large part of the society seems to have taken a backseat.

This is the point I was trying to make earlier.

Do check this out: Data, data everywhere, but not a thought to think | Deccan Herald