Systematic Investment Plans — a system to put money into mutual fund schemes regularly — is seeing variants these days. Distributors have devised ways to improve returns from equity mutual fund investments done through SIPs.
For instance, Rank MF, owned by Mumbai-based Samco Securities, said its modified SIP system can make 5.9% extra return compared to the traditional way every year. The system signals whether an investor should continue with the SIP in the same scheme, jump a SIP or d ..