Should you invest in SIPs for perpetuity?

More investors are also doing top-ups in their existing SIPs as and when they get an increment

While filling out the mutual fund application form for a systematic investment plan (SIP), chances are you have opted to invest for perpetuity. That is, if you did not choose a specific time plan, the investment runs for perpetuity by default.

But it may not necessarily be a bad idea. Choosing to invest for perpetuity ensures that you will not forget to renew your SIP and thereby miss out on the reinvestment opportunity, say experts. A Balasubramanian, chief executive officer (CEO), Birla Sun Life Asset Management Company says for the past three years, there is an increasing trend of