Lumsum SIP investment! 1 lk
Guys I have saved almost a lakh and want to invest this as a lumsum to an SIP kindly advise which fund to choose..or you guide me! any kind of suggestions will help. Still new to this.. Thanks
Kendall Vernon
Stealth
3 months ago
Start with Nifty 50 index fund. Can invest via Groww app. All the best!
Any reason why you want to do lump sum and not smaller SIPs over an extended period?
I am already doing a monthly sip of 15k, I saved around 1 lk so wanted to put this to some use.
Kendall Lee
Stealth
3 months ago
Sorry OP for hijacking your post. I already have an SIP in nifty 100. So where else can I invest 1lakh ?
Instead of single lumpsum, you can consider splitting into 3-4 buckets to invest over next 2 months. Gives you advantage in case better mkt levels arrive. Might go with index or blue chip funds,