few myths about SIP investment

Rinkumishra18 Dec, 2020Finance

Systematic Investment Plan (SIP) allows an investor to invest regularly in mutual funds on periodic intervals. As such, it enables investors to steer through the market movements effortlessly. Indian retail investors also prefer to invest in the markets through SIPs, as is evident from the monthly SIP inflows, which have sustained above Rs. 8,000 crores for more than a year now (Source: Association of Mutual Funds in India � AMFI, as on 31st December 2019). However, amidst the growing popularity, there are several myths about SIP investing which the common man tends to carry along. With lower penetration of mutual funds in the household savings, it is time to bust these myths and help the investors feel more comfortable investing through SIPs.