Can you stay invested in mutual funds after your SIPs stop?

Mutual funds, unlike fixed deposits, don't have tenure. You can hold it as long as the fund is operational. In a fixed deposit (FD), you decide the time and invest in a fixed tenure ranging from seven days to several years. Once the tenure is over, the amount gets credited to your bank, or you can choose the option to auto-renew it further. Unlike fixed deposits, mutual funds do not guarantee a fixed return but have the potential to give higher returns.

This article was originally published on June 14, 2022.