SIP vs Lump sum – Balanced Mutual Fund

Q & A ForumCategory: Mutual FundsSIP vs Lump sum – Balanced Mutual Fund
asu12 asked 10 years ago
SIR, I WANT TO INVEST Rs 6 Lakh IN HDFC BALANCE FUND FOR 35 YEARS AND I DO NOT REQUIRE ANY MONTHLY RETURN FROM IT , NOW SIR I WANT TO KNOW; 1) SHOULD I KEEP IT AS LUMP SUM INVESTMENT OR 2) SHOULD I ADD SWP WITH THE FUND AND TAKE RS. 5000 PER MONTH AND INVEST IN TWO OR THREE SIPS FOR SAME 35 YEARS. WHAT WILL BE THE WISE DECISION ?
1 Answers
Sreekanth Staff answered 10 years ago
Hi, If your time horizon is 35 years, you may kindly go ahead and opt for Lump sum investment. Read: http://www.relakhs.com/top-best-balanced-mutual-funds-returns/
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