Dear Sreekanth,
My age is 33, Your blog is very useful to us, please keep it up. I have a clarification on lump-sum & SIP investment. I am currently investing in 4 mutual funds, details below. My time frame is 15 years. I am investing for my retirement.
ICICI prudential value discovery fund Direct plan (G) 2500 -3500 per month (Started Lump sum)
SBI blue chip fund Direct plan (G) 2000- 3000 Per month (Started Lump sum)
Franklin India smaller companies fund (G) 2000- 3000 Per month (Started Lump sum) ICICI prudential balanced fund Direct plan (G) 2500 SIP. My question is that, 3 out of 4, i started as Lump-sum and i am adding funds on every month. Is there any difference between SIP and Lump-sum (adding funds every month) ? If yes then which one gives more returns in my time frame (15 years) ? Please advise . Note : Purpose of Lump-sum (adding funds) is that, some times i can invest more money or monthly twice i can invest, that's why i opted this way. Is that correct ? Thanks and regards, Vinoth GS
Franklin India smaller companies fund (G) 2000- 3000 Per month (Started Lump sum) ICICI prudential balanced fund Direct plan (G) 2500 SIP. My question is that, 3 out of 4, i started as Lump-sum and i am adding funds on every month. Is there any difference between SIP and Lump-sum (adding funds every month) ? If yes then which one gives more returns in my time frame (15 years) ? Please advise . Note : Purpose of Lump-sum (adding funds) is that, some times i can invest more money or monthly twice i can invest, that's why i opted this way. Is that correct ? Thanks and regards, Vinoth GS
1 Answers
Dear Vinoth,
Personally, i believe that its better to implement a combined strategy (like the one you are following) : SIP + lump sum additional investments (whenever it is possible / based on market conditions). There is no sure-fire investment strategy.
Your MF portfolio is fine.
Suggested readings :
https://www.relakhs.com/sip-systematic-investment-plan/
https://www.relakhs.com/200-day-moving-average-dma-mutual-funds/
https://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
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