Is SIP is better in todays situation considering the volatility in the market?
If yes then why? Pls reply.
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Is SIP is better in todays situation considering the volatility in the market?
If yes then why? Pls reply.
SIP is always better as you can average your investments. SIP in large cap MF is good.
Go for SIP in the large cap MF.Quote:
Originally Posted by most
Read the below article it will solve all your queries -
http://www.hdfcfund.com/InvestPlans/...7-1549273F31C2
Advantages of SIP -•Saving and wealth accumulation
• Inculcates disciplined habit of investing
• Entry at various market levels (averages out the possible risk associated with the equity market)
• Hassle-free mechanism (one-time arrangement – instructions are given at the time of initial transaction)
• Power of Compounding
• Investments synchronised with your cash inflows/salary