 "chart")
Investing in equity mutual funds through systematic investment plans (SIPs) has gained popularity among retail investors over the past couple of years. Despite the volatility in the markets during the current
financial year, mutual funds have added about 10.05 lakh SIPs each month, on an average. Monthly inflows through SIPs, in fact, hit an all-time high of Rs 79.85 billion in October 2018.
SIPs work on the principle of rupee-cost averaging. By investing a fixed amount every month, investors are able to buy more units when the net asset value (NAV) of the fund falls, and fewer units
financial year, mutual funds have added about 10.05 lakh SIPs each month, on an average. Monthly inflows through SIPs, in fact, hit an all-time high of Rs 79.85 billion in October 2018.
SIPs work on the principle of rupee-cost averaging. By investing a fixed amount every month, investors are able to buy more units when the net asset value (NAV) of the fund falls, and fewer units
