There are two ways of investing in mutual funds. One is through the lump sum route, and the other is through the Systematic Investment Plan (SIP) route. Not all investors are comfortable with lump sum investing, one of the reasons is that they are not sure about the best time to invest. Investing through the SIP route can help mitigate this difficulty because, unlike making lump sum contributions, it is a way of investing in mutual funds at regular intervals where the investor can choose the contribution amount, duration and frequency of SIPs. could. With SIP, you can also take advantage of rupee cost averaging and benefit from investing in all market cycles. But often, there are many myths about different investment avenues, which can deeply confuse an investor and lead him to make a thoughtless decision. And it is no different with SIP.

So, what are some of these?
Common myths related to SIP
, We have identified five such myths, which we will try to dispel in this article. Read on to find out.

Disclaimer:

Useful information for investors: All mutual fund investors need to go through a one-time KYC (Know Your Customer) process. Investors should deal only with registered mutual funds, which are to be verified on SEBI’s website under ‘Intermediaries/Market Infrastructure Institutions’. For redressal of your grievances, you may kindly visit www.scores.gov.in. For more information on KYC, changes in various details and redressal of grievances, visit mf.nipponindiaim.com/investoreducation/what-to-know-when-investing This is an investor education and awareness initiative by Nippon India Mutual Fund.

The information provided here is for general reading purposes only and the views expressed constitute opinion only and therefore cannot be construed as guidelines, recommendations or professional guides for readers. The document has been prepared on the basis of publicly available information, internally developed data and other sources considered reliable. Sponsors, investment managers, trustees or any of their directors, employees, affiliates or representatives (“entities and their affiliates”) assume no responsibility, or warrant, for the accuracy, completeness, adequacy and reliability of such information. Recipients of this information are advised to rely on their own analysis, interpretation and investigation. Readers are also advised to seek independent professional advice to arrive at an informed investment decision. Entities and their affiliates, including persons involved in the preparation or release of this material, shall not be liable in any way for direct, indirect, special, incidental, consequential, punitive or exemplary damages, including loss of profit arising from the information contained reason is also included. in this material. Only the Recipient shall be solely responsible for any decision made on the basis of this document.

Mutual fund investments are subject to market risks, read all the documents related to the scheme carefully.

Spread the love