Rs 7,000 SIP Vs Rs 7,00,000 Lump Sum: Which can generate a higher corpus in 30 years?
SIP and Lump Sum are the two popular investment schemes. SIP involves investing a fixed amount at regular intervals, while a Lump Sum involves investing a lump sum amount in one go. Each has its own pros and cons. SIP reduces market volatility and timing risk compared to a Lump sum investment, while a Lump…