Mutual Funds Investment -- Lump Sump vs SIP -- Suggestions

Q & A Forum › Category: Mutual Funds › Mutual Funds Investment — Lump Sump vs SIP — Suggestions

gsvinoth asked 9 years ago

Hi Sreekanth, I am investing in ICICI PRU VALUE DISCOVERY FUND - DIRECT G & SBI BLUE CHIP FUND DIRECT G. In both funds, i am investing as a lump sump not SIP, whenever i have money i will invest like Rs 3000 or Rs 2500 accordingly. Is this the right way to invest ? or Is SIP better than my investing type ? Kindly clarify Best Regards, Vinoth GS

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Sreekanth Staff answered 9 years ago

Dear Vinoth, You may kindly go ahead with your investment plan/style. Read: https://www.relakhs.com/sip-systematic-investment-plan/