Deciding on a hard and fast quantity to be invested over a predefined interval on a month-to-month foundation is what everybody usually does with regards to investing in mutual funds via the systematic funding plan (SIP) route. Nonetheless, aside from this plain vanilla SIP, now we have 5 extra SIPs specifically, perpetual SIP, multi/combo SIP, flex SIP, set off SIP and step-up SIP. Each form of SIP has its personal use underneath completely different circumstances.
On this episode of the Portfolio podcast, Parv Shah and Siddharth MC talk about the nitty gritties of selecting a scientific funding plan.
Tune in to the podcast to grasp how these completely different sorts of SIPs might help you in assorted conditions.
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