Posts

Showing posts from May, 2020

Why should you start investing in SIP?

Image
The simple difference between fixed-term deposits and investments in mutual funds is that while the former gives higher interest rates, it later gives higher returns. But as a trend, we see people making fixed-term deposits as regular exercise, and investing in mutual funds as irregular activities. The reason for this is the lack or deep understanding of mutual funds. The best way to learn is to learn more about investing in a sip. What is SIP? Full SIP Form - Systematic Investment Planning. If you seek to invest in mutual funds, then instead of investing large amounts as a one-time investment, you invest a fixed amount of money each month. SIP can be defined as periodic, regular investments to generate higher returns from a mutual fund. How does SIP work? Conduct a thorough review of the fund you want to invest in to evaluate the historical performance of mutual funds. After talking with your fund manager, start investing in a mutual fund for 10 years w