Mutual Fund- SIP

Mutual funds are a suitable option for investors seeking to diversify their investments across various schemes with different objectives. They are particularly beneficial for individuals who lack the time and expertise to select individual stocks. Investing in mutual funds provides several advantages, including professional management, lower transaction costs, diversification, liquidity, and tax benefits. With mutual funds, investors can access the expertise of fund managers who make informed investment decisions on their behalf.

lumsub and SIP are two mode of investment in mutual fund. In SIP, investors contribute a fixed amount regularly at predetermined intervals, such as monthly. where as, in Lump Sum investment refers to investing a significant amount in a mutual fund in a single transaction.