SIP Vs Lump Sum In Mutual Funds : Which Is Best?
Systematic Investment Plan or SIP is a simple way of investing in mutual funds. The SIP facility allows you to invest a fixed amount of money at regular intervals of time in the mutual fund scheme of your choice. Lump Sum as the word goes is a big amount you invest in Equity Funds. It could be Rs 1 Lakh, Rs 5 Lakh, Rs 10 Lakh etc. and it is a large enough amount to hurt you financially in case the stock markets go down suddenly instead of upwards. With SIPs, you don't have to constantly time the stock market. SIPs are a lot like a gym membership. You're pledging to put aside a certain amount regularly, just as you would commit to working out every week.
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Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
SIP Vs Lump Sum In Mutual Funds : Which Is Better?
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