SIP or Systematic Investment Plan is an investment strategy typically associated with equity mutual funds. Most mutual fund managers or advisors hardly advocate investing in debt mutual funds through SIP. That is why it was surprising to hear Swarup Mohanty, CEO, Mirae Asset Global Investments (India), speaking about utility of SIP in debt mutual funds.
“Think about an SIP in debt,” said Mohanty. “If you look at SIP in debt, they would have also given you very good returns. SIP in debt ..
