Systematic investment plans (SIPs) in equity mutual funds have managed to post stable returns over the past year, as cost averaging helped investors ride out market turbulence.
Over 50 per cent of the schemes in key active equity categories delivered more than 5 per cent return to SIP investors in the one-year period, according to data from Value Research.
This performance comes despite the broader market showing little to no gains. The Nifty 50 index was flat for the one-year period ended August 4, while the NSE 500 slipped 1.7 per cent. As a result, one-time investment in most active

)