An SIP or Systematic Investment Plan is typically used to invest regularly in equity mutual funds. Does it make sense to invest through SIP in debt mutual fund schemes. Many investment experts do not think it is a smart idea, but Swarup Mohanty, CEO, Mirae Asset Global Investments (India), beg to differ.
“If you have been comfortable doing RD in banks, there is no reason why you can’t take forward the same investment behaviour in mutual funds,” Mohanty told the participants at ET Wealth ..
