Seven common SIP myths busted

A systematic investment plan (SIP) is one of the simplest routes to building wealth. Due to its simplicity, it has been gaining popularity among investors. From April 2021 to March 2022, investors put more than Rs 1.24 lakh crore into mutual funds through SIPs. However, there is a horde of misconceptions surrounding it, leading to many investors making common investment mistakes.

This article was originally published on October 04, 2022, and last updated on August 28, 2024.