India has been scoring on SIPs. As per AMFI, Monthly systematic investment plan contributions hit a high of ₹19,186 crore in March this year, surpassing January’s ₹18,838 crore. While it is common knowledge that long-term investment in mutual funds through SIPs helps navigate market mood swings, there are other aspects of SIPs that investors have … Read more
I am a young IT professional. At the age of 28, I am earning around Rs 1.5 lakh per month. I want to buy a luxury home after 10 years and at least save Rs 1 crore to make a maximum payment towards home buying. How should I plan to do mutual funds SIPs to … Read more
Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch has informed that the capital markets regulator is working in tandem with mutual fund houses to bring down the minimum investment requirement under the systematic investment plans (SIPs). Madhabi Puri said that she asked some of the mutual fund houses whether an SIP of … Read more