Remain Invested In SIPs For Deliverance From Market Volatility, Shouldn’t You?

Systematic Investment Plans, or SIPs as they are popularly called, have caught the fancy of investors in recent years. Average monthly net flow into the investment vehicle has ballooned from Rs 3,122 crore as of April 2016, when the Association of Mutual Funds in India began disclosing the data, to Rs 8,513 crore as of February 2020.

Summing up

Vladimir Lenin’s quote - “There are decades where nothing happens and there are weeks where decades happens” - is apt for the current market environment, isn’t it? There have been huge gyrations in the market off late, but investors need to be patient, remain invested, and have a long term perspective.

But, investors should also at intervals undertake due diligence. Investors should regularly track and monitor the schemes’ performance to weed out underperformers, and rebalance their portfolio to stay on course for the big payday.

Disclaimer:

An Investor Education and Awareness Initiative by Mirae Asset Mutual Fund. All Mutual Fund investors have to go through a one-time KYC (Know Your Customer) including the process for change in address, Phone number, bank details, etc. Investors should deal only with registered Mutual Funds details of which can be verified on SEBI website (https://www.sebi.gov.in) under ‘Intermediaries /Market Infrastructure Institutions’. For further information on KYC, RMFs and procedure to lodge a complaint in case of any grievance, you may refer the Knowledge Centre section available on the website of Mirae Asset Mutual Fund. Investors may lodge complaints on https://www.scores.gov.in against registered intermediaries if they are unsatisfied with the responses. SCORES facilitate you to lodge your complaint online with SEBI and subsequently view its status.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.