Shriram Wealth CEO says weak SIP inflows could have hurt markets
In short
Vikas Satija of Shriram Wealth said markets could have fallen 40-50% if not for strong SIP inflows. He compared this with past periods when FII selling hit the market.
This matters because it points to domestic mutual fund money helping support prices. The report does not give a current market move or say which stocks were affected.
What the reporting says
Vikas Satija, MD and CEO of Shriram Wealth, said the kind of FII selling seen in previous downturn cycles could have caused a 40-50% market drawdown without strong SIP inflows. The source attributes the view to his remarks and does not provide a current market level or date for the comment. The immediate takeaway is that domestic SIP flows are being presented as a stabilizing force, while the exact market impact remains hypothetical.
Why it matters
Vikas Satija, managing director and CEO of Shriram Wealth, said that the level of FII selling seen in earlier downturns could have driven a 40-50% drawdown without strong SIP inflows. The comment highlights the role of steady domestic investment in cushioning markets. The source does not provide a current index level, a time frame for the remark, or evidence that the hypothetical drawdown actually occurred.