Know What Is Best For You
Mutual funds are a professionally-managed investment scheme.
The biggest advantage of investing through a mutual fund is that it gives
small investors access to professionally-managed, diversified portfolios of
equities, bonds and other securities, which would be quite difficult to create
with a small amount of capital.
Systematic Investment Plan
In SIPs, the investor regularly invests a small amount of money over a period of time.
The investment is made on preset dates and the amount is also predetermined.
With regular investment, one can grow a sizeable corpus over a period of time.
It can be started with a very small investment.
Lumpsum plans or one-time investing require investors to invest in the fund at one shot.
The number of units that can be bought from lumpsum amount on the first day of investment
is higher than SIP. This method of investing is usually preferred by
aggressive/experienced investors and high net worth individuals.