Investors are preferring SIP option for investing in mutual funds, as the industry garnered over ₹1 lakh crore through this route in 2019-20, up 8 per cent from the preceding fiscal, even as the broader market witnessed extreme volatility amid concerns over the impact of coronavirus pandemic.
Systematic investment plan or SIP has been the preferred route for retail investors to invest in mutual funds as it helps them reduce market timing risk.
