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The Economic Times
The Economic Times
Business

PhonePe Mutual Funds sees 5X growth in Daily SIP transactions driven by demand from smaller cities

PhonePe Mutual Funds on Monday said it has onboarded more than 5,00,000 unique investors into its Daily SIP product since its launch in December 2025, with nearly 77 per cent of customers coming from tier-2 and tier-3 cities, underscoring growing adoption of micro-investing beyond India's metropolitan centres.

The fintech platform said investments through the feature start at Rs 10 a day, enabling investors to make small, regular contributions instead of committing to larger monthly instalments.

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