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