Hey everyone,
I'm relatively new to the world of investing, particularly in mutual funds, and I've been exploring the concept of SIP (Systematic Investment Plan) mutual funds. While I understand the basic premise of investing regularly over time, I'm curious about a few specifics.
Firstly, how do SIP mutual funds typically perform compared to lump sum investments? Are there any notable advantages or disadvantages?
Secondly, what factors should one consider when choosing SIP mutual funds? Are there specific fund types or strategies that tend to be more suitable for this approach?
Any insights or personal experiences would be greatly appreciated. Thanks in advance for your input!