Systematic Investment Plans (SIPs) from mutual funds (MFs) are a financial product innovation that have caught on like wildfire. The good news is that these SIP flows haven’t ebbed even with volatile markets. But while SIPs are a great tool for inculcating discipline into your investing habits, it is important to invest in them for the right reasons and not to fall prey to wrong notions about how they work.
Here are the myths relating to SIPs that you shouldn’t fall for:
