While in year-on-year terms growth stood at a robust 35 per cent, it was still the lowest compared to the MF industry's past growth rates
The investor starts with a fixed monthly SIP amount ranging between Rs 2,500 and Rs 100,000
Data from Value Research show that one-year SIPs in mid- and small-cap schemes have yielded negative returns of 24% and 31%, respectively
You will also lose out on the chance to buy fund units at lower prices and boost returns
Investing every day leads to excessive averaging, which does not help in improving returns.
Those close to retirement should limit their tenure to three-five years
SIP is considered as a vital constituent in the growth of MF industry
The average monthly investment coming through SIPs is Rs 3,660 crore
Many diversified equity funds have given annualised returns of 14 per cent and above
Over the past 30 months, the SIP trend has surged and there are now over 10 mn of these a/cs