For Birla Sun Life Monthly Income Plan II - Wealth 25 (SIP / Lump sump) which would be preferable?

Q & A Forum › Category: Mutual Funds › For Birla Sun Life Monthly Income Plan II – Wealth 25 (SIP / Lump sump) which would be preferable?

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[email protected] asked 9 years ago

Dear Srikanth, I want to invest in Birla Sun Life Monthly Income Plan II - Wealth 25 Plan for 5-6 yrs. I have around Rs. 50000 in hand. Should I go for SIP or invest lump sum. Please advise me.. Regards, Ranjan

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Sreekanth Staff answered 9 years ago

Dear Ranjan, You may invest this amount in couple of installments in the next couple of months, may be when markets are down. Related articles : https://www.relakhs.com/best-monthly-income-plans-india-mutual-funds/ https://www.relakhs.com/debt-funds-types-benefits-risk-vs-return/