HELP LINE +91 9883818627
HELP LINE +91 9883818627
Few AMCs and IFAs promote daily or weekly SIPs. They claim that historical data suggests that returns are better because of this. Many IFAs are confused as to what should be the right strategy for SIPs. I think daily or weekly SIPs don’t make much sense over monthly SIPs as a strategy. Daily or weekly SIPs also involve large number of transactions which should be avoided. While some studies may point toward slightly better returns but it is not always the case. Sometimes, it could be opposite too. Keep it simple. Focus on monthly SIPs. At best, if the client is having multiple SIPs, spread them over the month. Apply simplicity. It works better than daily or weekly SIPs.
