How to invest in new-age SIP variants when the market is turbulent
In a regular SIP, you simply put in a fixed amount every month. New-age tools allow investors to modify the traditional SIP and be more responsive to market fluctuations.Listen to the podcast for more
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Are you having doubts about your ongoing systematic investment plans (SIPs) in mutual funds? If your answer is yes, you need to keep a check on investment platforms and fund houses that keeps launching SIP variants.
In recent years, Indian investors have already adopted the mantra of investing through systematic investment plans (SIPs) in a big way. The industry has so far garnered 2.78 million SIP accounts. Fresh collection via the SIP route was Rs 8,324 crore in July 2019.
In a regular SIP, you simply put in a fixed amount every month. When the market falls, your SIP buys a higher number of units, and when it rises it buys fewer units. However, for investors who aren't comfortable with this system, new-age tools offer enhancements to the structure. But what makes these new SIP variants so different? Listen to the podcast to know more
First Published: Sep 13 2019 | 8:01 PM IST