27
Aug
When it comes to investing, having a variety of options is both a blessing and a challenge. For first-time investors, choosing the right investment method can be daunting, especially with the recent dip in interest rates. Many are now turning to mutual funds to diversify their portfolios and potentially earn better returns. However, the way you choose to invest in mutual funds—whether through SIP (Systematic Investment Plan) or a lumpsum investment—can significantly impact your financial outcomes. Understanding SIP and Lumpsum Investing Before diving into which option might be better, let's first understand what SIP and lumpsum investing are. SIP (Systematic…