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Never time the markets

SIPs are always better than lump sum investments

I want to invest Rs 2 lakh in lump sum for 10-12 years and am planning to invest in Quantum Long term equity, UTI Opportunities and HDFC Equity. Are these good funds?
-Navin Kumar Jain

You have short-listed good funds to invest in, however, we would rather advise you to invest through SIPs instead of lump sum. Start an SIP in the selected funds or park the lump sum in respective liquid funds and then start an STP. The benefits of SIP are immense, but most importantly it does away with timing the market and averages the investments over time, which is desirable when investing in equity mutual funds.

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