According to a study by the company, the investment date makes no difference to the return.
“The study of the index data for the past 26 years reveals no meaningful difference between the average returns of the 10-year SIPs from different dates,” said WhiteOak AMC.
In the long run, it hardly matters whether the investor invests via daily, weekly or monthly SIP frequency, according to the company.
All three frequencies ultimately yield somewhat similar returns. It is important to focus on regularly investing a small amount for the long term.
According to the fund house, the mid-cap segment is a good investment option for investors who want to invest via the long-term SIP route.
It added that small and mid cap (SMID) segments can offer many opportunities for potential higher growth.
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