Are SIPs really the best way to invest in mutual funds?

Are SIPs really the best way to invest in mutual funds?

  There are 248 trading days in a year. With SIPs, you just invest on 12 out of those 248. If the purpose is cost averaging, then why invest just 12 times in a year? Why not every week, or for that matter why not every day? Also SIP is after all just an entry strategy. It governs when to invest. But what about exit? If your investment plan is premised only on SIPs and doesn’t have an exit strategy, it’s akin to a “Chakravyuh” – you know how to get in, but…Continue reading →