Sip is a mode of investment and not an investment avenue by itself. you need to determine a fund that is right for you and then consider making an investment via sips.
If you are about to retire soon and are going to rely on your investments to provide for your daily needs, there is a case for gradually shifting from equities to lower risk avenues like POMIS, FDs, FMPs.
You can withdraw the sip before completing term. however, check for the exit loads first, if any.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment