News From Press Are daily SIP plans in mutual funds good to beat market volatility?

Are daily SIP plans in mutual funds good to beat market volatility?

Source: ET Feb 14, 2018

Trying to keep winning in an erratic market, mutual fund houses have started offering systematic investment plans on daily basis.

LIC Mutual Fund and HDFC Securities have launched daily 'SIP' plans. While HDFC Securities allowed customers to start daily SIP with a minimum amount of Rs 500, LIC MF is offering an option to invest in SIP with as low as Rs 300 a day.

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