5 FACTORS TO CONSIDER WHEN INVESTING THROUGH SIPS
SIPs or Systematic Investment Plans have gained quite the momentum since the last few decades. Owing to several benefits offered by SIP mutual funds, investors prefer to invest in mutual funds through the SIP mode of investment. SIPs are quite convenient as an investor can choose the frequency of the intervals – daily, weekly, monthly, annually, etc. They can also choose the investment amount – an investor can invest as low as Rs 100 per month in mutual funds. They also have to pre-determine the duration of their investment – they can invest for a fixed duration or perpetually through perpetual SIPs. In this article, we will focus on various factors that you as an investor must consider before investing in mutual funds through SIP mode of investment.Factors to consider when investing i...