New SIP registrations in India FY 2019-2023, by age group

Published by Statista Research Department, Oct 10, 2023
In the financial year 2023, 5.06 million new SIP registrations were done by millennials. In comparison, only 1.46 million new registrations were done by millennials in 2019.

New SIP registrations in India from financial year 2019 to 2023, by age group (in millions)

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Release date

May 2023

Region

India

Survey time period

FY 2019 to FY 2023

Supplementary notes

SIP: Systematic Investment Plan

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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