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Mutual Fund SIP vs Lump Sum Investment: Many investors prefer setting up an SIP to park their savings in mutual funds gradually. This is particularly helpful in cases where the investor does not want to block or simply does not have a significant pile of surplus cash at once, having only limited funds available for…
Mutual Fund SIP Investment: Many investors prefer setting up a systematic investment plan (SIP) to park their savings in mutual funds gradually. This is particularly helpful in cases where the investor does not want to block a significant pile of their surplus cash at once or has only limited funds available for investing regularly. However,…
What kind of returns can you expect if you make an initial one-time investment of Rs 3 lakh along with a monthly SIP of Rs 3,000 for 20 years if the fund you selected grows at an annualised 12 per cent? Many investors prefer setting up an SIP to channelise their surplus cash in mutual…