Common Myths About SIP Investment

  1. SIPs Are Only for Small Investors:
    • While SIPs are affordable, they are equally beneficial for high-net-worth individuals looking for a disciplined approach to investing.
  2. SIPs Guarantee Returns:
    • SIPs do not eliminate market risk. Returns are subject to the performance of the mutual fund scheme and market conditions.
  3. SIP Means Only Equity Investments:
    • SIPs can be used for various mutual fund types, including debt and hybrid funds.
  4. SIPs Need to Run Forever:
    • You can pause, modify, or stop an SIP anytime based on your needs.
  5. SIPs Are Inflexible:
    • Contrary to this belief, SIPs offer flexibility in terms of investment amount and tenure.
  1. High expense or sharing of profits with any one : its absolutely not. .