Systematic investment plans (SIPs) are the go-to mode of investing for most mutual fund investors. In August 2023, the total number of mutual fund SIP accounts stood at a whopping 6.97 cores. On one hand, 35.92 lakh new SIPs were registered, while on the other hand, 19.59 lakh existing SIPs were discontinued (including those with tenure completion).
The portfolio diet
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