Mutual Fund Corner: Experts discuss top-up SIP and midcap funds
In this episode of ‘Mutual Fund Corner’, Rajee Rajesh, founder and director at Banconus FinServ discussed the benefits of top-up SIP. On the other hand, Sachin Relekar, Senior Fund Manager at IDFC AMC, discussed the midcap funds and the opportunities associated within these funds.
In this episode of ‘Mutual Fund Corner’, Rajee Rajesh, founder and director at Banconus FinServ discussed the benefits of top-up SIP. On the other hand, Sachin Relekar, Senior Fund Manager at IDFC AMC, discussed the midcap funds and the opportunities associated within these funds.
On what exactly is top-up SIP - Rajesh said, “A top-up SIP is a feature offered by mutual funds wherein the investor can choose to increase his/hers monthly investment every year. Now this increase can be specified either as an absolute amount or as a percentage."
"SIP in an equity mutual fund is a very effective tool to build a corpus for our long-term goals. Equity fund SIP is easy to set up, induces discipline in our savings, beats inflation and also helps in rupee cost averaging in volatile markets," Rajesh added.
For the entire discussion, watch the accompanying video
Also Read:
First Published: Aug 2, 2022 3:13 PM IST
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
Lok Sabha Election Phase 2: Experts decode the key trends and issues in key battleground states
Apr 26, 2024 11:53 PM
2024 Lok Sabha Election | Which way the wind blows in the second phase
Apr 26, 2024 6:09 PM