The poor performance of your SIPs in the current market slump can be disheartening. But we all know how it works. By investing a fixed sum every month, you buy units in funds irrespective of how the market moves. At higher market prices, your outgo fetches lesser units while at lower prices, the same amount fetches more units. The intermittent downswings are thus crucial for the SIP to deliver healthy returns.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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