In the long run, it helps to give benefits in an average way to the investment.
Investment Planning: If you are planning to invest in a mutual fund during this crisis time of Corona, then you can invest in a Systematic Investment Plan (SIP). Here one can earn better returns by investing less.
According to Bhadresh Devkar, partner of MWF Finserv, SIP has emerged as a better way in mutual funds. Investors are excited about this and it has proved to be better at giving benefits than fixed income bank FDs. This is good for those investors who want to experience investing like the stock market but do not have time to aggressively invest in mutual funds through SIP. They say that investing in mutual funds through SIP not only leads to a good increase in assets but also brings a good opportunity for investors. Whenever we see the benefit of the mutual fund scheme, usually the mutual fund can be volatile in a short period of time. Also read- Big shock to customers! This bank reduced interest rate on savings account by 2%, new rates apply from today Stock market fluctuations have no effect According to experts, investments are made through SIP in a fixed manner in a regular manner, so the fluctuations of the market do not affect it. In the long run, it helps to give benefits in an average way to the investment.