SIP Insure is an attractive option to have a life cover, but it cannot be your primary insurance cover
SIP requires an investor to regularly invest over a lengthy period of time and get the maturity amount upon maturity
The confusion starts when as an investor, you start relating both SIPs and recurring deposits similar, which is not the case at all
In order to build a corpus, certain factors must be taken into consideration, such as lifestyle costs, risk appetite and medical costs
ELSS has a lock-in period of only 3 years, while other tax-saving instruments come with a minimum lock-in period of 5 years
Data shows while index funds are very popular in the largecap category, sectoral passive products are mostly launched in ETF form
Most people spend majority of their savings on the downpayment on their homes. This typically comprises all liquid investments such as MFs and FDs
Mutual funds allow you to invest small amounts starting Rs 100 – cheaper than a pack of cigarettes
Retirement planning: Experts suggest that SIP contribution in mutual funds is a safe mode of investment. The burden does not become too heavy
"I would advise investors to continue with their SIPs and when there is a sharp fall, use it to deploy more equity investments," he said