Investing in Mutual Funds through a SIP is one of the best ways to maximize returns over the long term. So let us take a look at the benefits of SIPs and some of the best Mutual Fund SIPs to invest in for the long term.
Investing in Mutual Funds through a SIP is one of the best ways to maximize returns over the long term. SIPs also instill a sense of accountability and financial discipline which might prove crucial in achieving long term financial goals.
Let us take a look at the benefits of SIPs and some of the best Mutual Fund SIPs to invest in for the long term.
Want to know more about the Benefits Of Investing For The Long Term?
Mutual Funds are a pool of money collected from several investors. A professional Fund Manager invests this pool of money in various market securities. Mutual Funds offer benefits such as diversification, high liquidity, tax benefits, affordability, etc.
SIPs are an alternative to investing lump-sum amounts in Mutual Funds. A Systematic Investment Plan allows you to invest small sums of money regularly across fixed intervals of time. This can be weekly, monthly, or quarterly, depending on your goal or financial situation.
%2520(4).jpeg)
Generally, Mutual Fund investments through SIPs are considered to be safe even when markets are volatile. Here are some more benefits:
Fun Fact: You can automate your SIP investments on the Cube Wealth app.
Here is a list of Mutual Funds recommended by our wealth advisor, Wealth First:
Wealth First has made it seamlessly easy for Cube users to select from and invest in the best Mutual Funds at any given point in time. WF has a track record of beating the average mutual fund by 50%. They have over 3,000 clients and an AUM of ₹7,000+ Crores.
Try our SIP Returns Calculator today to see how much money you can make by investing in Mutual Funds.
Note: While we update our blogs regularly we recommend you see the latest data on the best mutual funds on the Cube Wealth App.
The Cube Wealth app is easy to use and gives you access to a curated list of the best Mutual Funds which is updated regularly. In the app, you can use two dedicated options for SIPs -
All you have to do is download the Cube Wealth app today to start investing from the comfort of your home.
SIPs help you plan and invest in Mutual Funds for the long term in an organized, efficient and pocket-friendly way. With the added advantage of rupee cost averaging, diversification is possible through multiple SIPs.
It is always advisable to consult a wealth coach before investing. A good Wealth Coach cares about your financial well-being and helps you invest based on your risk level and goals.
The Cube Wealth app gives you access to Wealth Coaches who are available whenever you need them. You can talk to our Wealth Coaches today to learn more.
SIPs are for everyone regardless of age, time or place. Why wait till tomorrow when you can get started today?
Watch this video to know more about the QuickSIP feature on the Cube Wealth app
Ans. It is an approach where you invest a fixed amount of money at regular intervals of time.
Ans. This would of course be based on your goals. However, equity funds are generally known to be suitable for the long term (5, 10, 15+ years). Here's a snippet of the best equity funds currently being recommended by Wealth First on the Cube Wealth app:
1. Mirae Asset Large Cap Fund
2. Axis Focused 25 Fund
3. SBI Flexicap Fund
4. Principal Emerging Bluechip Fund
5. ICICI Prudential India Opportunities Fund
Check out these other blogs from our SIP series:
Ans. Yes, as an investor, one can withdraw their money anytime they want. However, there are exceptions as there are some funds with a fixed lock-in period. But you can always find an SIP suitable for your financial goals and risk tolerance. You may also consult to a Cube Wealth Coach for individualised support.
Ans. If you prefer to make smaller, more frequent investments, SIPs are appropriate. Consider lumpsum investments if you'd rather save a significant sum first before investing. If you have the knowledge to predict the market accurately, invest in lump sums; otherwise, stick to SIPs, which average out your investments over time.
Ans. Yes, as long as your goals are more than five years away, it is smart to begin investing via SIP even while the market is at an all-time high. Financial advisors frequently assert that there is never a perfect time to begin a SIP. The fact that market volatility is not always a bad thing must be remembered by SIP investors. When markets are strong, a SIP will provide you with greater value, and when markets are down, a SIP will provide you with more units, which benefits you by lowering your overall purchase cost. Waiting to start investing could interfere with your ability to reach your financial objectives.
Other Blogs You May Like:
on stock picking, poring over excel sheets, financial news, analyzing market trends, tracking the Sensex, researching company fundamentals, comparing mutual funds, reading financial reports, trying to predict the future & losing your sanity!
