Even though the graph shows only four dates, the SIP outperforms the lumpsum approach on all dates. Please note, dates beyond 28th have not been considered as SIP is not available on those dates.
So setting up a SIP helps you avoid the last-minute rush while also making more money from you. It also:
Saves you from missing the 31st March deadline
Reduces the chances of you not having enough money when you want to invest
Investing in mutual funds through SIP online is faster, easier, and more efficient than the traditional way. The online SIP investment route doesn’t require a ton of paperwork or frequent trips to an office for signatures. Investors simply register with their email ID and phone number and submit digital copies of ID/address proof online. A secure account is then created and the investor can pick and choose the ideal fund, as ... Read more
