💨 Abstract

The article discusses key considerations when choosing a mutual fund for Systematic Investment Plan (SIP) to ensure investments meet financial goals and risk tolerance. Factors include defining financial objectives, evaluating risk appetite, assessing fund performance, researching fund managers' experience, considering expense ratios, reviewing AMC reputation, and diversifying fund categories. SIPs offer benefits such as disciplined saving and rupee cost averaging.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖