Investing in mutual funds is becoming a highly popular approach to build money.
It has several fundamental variations from the Systematic Investment Plan (SIP), while being somewhat comparable to it.
Your destination equity fund portfolio should be well-balanced, broad, and consistent with your financial objectives and risk tolerance.
Investors who have a lump sum of money saved up but wish to avoid market timing typically favour it.
To keep your portfolio diversified, add a modest amount to large-cap funds, some to small-cap funds, and some to sector funds.
Investors employ a variety of tactics while making MF investments. The Systematic Transfer Plan, or STP, is one such tactic.