Mutual fund systematic investment plan (SIP) has become the ‘sure-shot’ answer to all investment needs, thanks to flourishing stock markets and dull performance of other asset classes such as bonds, gold and real estate. Many think that by signing up for an SIP in an equity mutual fund scheme, they will save money to achieve their financial goals. While the success stories want you to believe it, here are three scenarios wherein one may fail to achieve his financial goal even if he opts for an SIP in equity mutual funds.
6 equity mutual funds offer over 25% CAGR in five years
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