Story thread · 2 reports / 2 sources

Explained: Looking to start a mutual fund SIP? Know the different types and which one suits you

economictimes.indiatimes.com · 10dShare

Systematic Investment Plans (SIPs) are a popular and disciplined way to invest in mutual funds, allowing investors to contribute a fixed amount at regular intervals and gradually build wealth over the long term. While the traditional SIP remains widely used, investors can also choose from several types of SIPs that are designed to suit different financial goals, investment preferences and market conditions.Here’s a look at the different types of SIPs and when investors should consider each one.Regular SIPIn a regular SIP, investors contribute a fixed amount at predetermined intervals, such as monthly or quarterly, irrespective of market conditions. At the time of starting the SIP, investors choose the investment amount, tenure and frequency of contributions. Typically, the investment amount remains fixed throughout the SIP tenure and cannot be changed.An investor should choose regular SIPs, when they are a beginner and are seeking a simple and hands-off approach. It is ideal for long-t

First report: Mutual Fund Flows: SIP Investments Stay Strong Even As Equity Inflows May Decline 10–15% — businesstoday.in, 11d