It is a known fact that a systematic investment plan (SIP) is a good way to invest in a mutual fund (MF) scheme. An SIP is a method of investing in which you invest a certain sum of money in an MF every month or quarter. SIPs don’t assure you returns—since returns from equity markets can never be assured—but it’s a good way to smoothen the impact of volatility on your portfolio. If you are beginning to invest in MFs, here’s how you should start an SIP.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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