I have no experience in investing, but I wish to start a systematic investment plan (SIP) and am having trouble finding the right financial expert. Are online investment services reliable? If I don’t have any immediate financial goals, how should I choose my funds?
—Aishvarya P.
Online investment services offer the convenience of digital, paperless investing and ease of management. Using automated, system-driven methods of fund selection, many of them also offer consistent, unbiased advice in terms of designing portfolios. However, most of them offer advice only on the products available on their platform.