Why Mutual Fund Investors Shouldn't Stop SIPs In This Economic Slowdown
Want to know your SIP returns? Calculate it using XIRR function
Systematic Investment Plan (SIP) is on everyone's lips. The various campaigns done by the mutual fund companies and industry has ushered SIP revolution in the country.
Recently the data published in one of the new websites said that 'New SIP growth falls 61% from April to December.' What does it mean? Does it mean that investment through SIPs is no longer attractive?
If you want to go around the earth and start with 100 metres on first day and double the distance every day, How long do you think it will take?