Myth : Systematic Investment Plans (SIPs) work best for the small retail investor.
Fact : SIP might be the answer for all types of investors since it does not have a bias towards high or low value investments. All that it requires is regular and disciplined savings.
Myth : It is best to not enter into SIPs if the market is on the rise.
Fact : It is not about the right time to enter the market. SIPs are all about focusing on staying invested for a longer tenure.
Myth :You can do better than SIP by timing the market accurately.
Fact : It is highly unlikely you will get it right all the time. It’s not about timing the market, but the amount of time you stay in the market.
Myth :SIPs are best for short term & not the long term.
Fact : Long term investment through SIPs can help offset the highs and lows, so that you may expect reasonable returns at the end.
Myth : Once an SIP is started, you can neither stop it in-between nor change the period of investment.
Fact : You can easily terminate the SIP or change its maturity date without paying any penalty.
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