Lifestyle News
Before making SIP investments, conduct a thorough research. Seek guidance from a market expert if you’re a first-time investor. Educate yourself before making any SIP investment.
Do not entirely rely on good returns on SIPs. Make informed decisions and study every aspect of the SIP that you wish to invest in.
Market experts suggest that one must not start or terminate SIP at irregular intervals. Such actions can sometimes lead to financial losses.
It is important to diversify SIP investments. This reduces the risk of financial losses and can help you benefit from different funds and sectors.
The investment amount should neither be too small or too large. It is essential to find the right balance while recognizing your financial needs.
There is nothing more important than doing your own research. Choose a reliable brokerage app, complete the KYC process, and start your SIP journey.
Reports suggest that SIP investments amounted to Rs 19,186.58 crore in February 2024. The number of SIP accounts in February were 820.17 lakh.