SIP myths debunked: When investors should step up, pause, or stop them

Quick Summary:

Systematic investment plans (SIPs) have witnessed expenential growth among retail investors, according to a recent study by Zerodha Fund House.

Kumar cautions that investors should avoid over-stepping, as over-committing to SIPs can strain finances.

There is no right or wrong time to step-up SIPs.“It should be done in tandem with the increase in income.

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Category: BusinessFinance

Markets: India

Topics: Personal finace Systematic Investment Plans Finance sector Salaried class Stock markte

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 22:38:54 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 613 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22352605

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