The beauty of SIPs lies in their ability to allow investors to not time the market. They offer benefits such as rupee cost averaging, compounding, and hassle-free investing. Starting early, mapping SIPs to financial goals, and never skipping an SIP are key strategies for maximizing returns.
Investing in mutual funds requires careful consideration of the right allocation between lumpsum and SIP investments. Lumpsum investments allow for potentially higher growth but are subject to market timing risks. SIPs mitigate volatility by investing regularly at different price points.
Bhatia said the capital markets regulator has done one case of a financial influencer since coming out with the guidelines earlier this year and termed it as a "very, very big achievement".
Midcap schemes have given handsome returns in this year. How did SIP investors in these schemes fare in three and five years? ETMutualFunds looked at the data.