SIP Involves Investing In Mutual Funds By Selecting A Mutual Fund Scheme, And Regularly Investing A Fixed Amount At Predetermined Intervals

It Promotes Disciplined Investing And Good Returns Over Time

List Of Major Factors To Keep In Mind Before Investing In SIP Mutual Funds:

Financial Goals - It Can Guide Anyone's Decisions Regarding The Appropriate Mutual Fund Category For Investment Based On Financial Objectives

Past Performance - Review The Trends Over The Past 5 To 10 Years Of The Particular SIP And Compare Their Returns Performance

The AUM Factor - It Measures The Fund's Size And Performance. A Larger Sum Signifies Greater Trading Volume And Success Of The Fund

Choose A Fund House - The Fund House Can Significantly Impact An Investor's Returns Because Good Decisions Help In Gains, Whereas Poor Decisions Result In Financial Setbacks

Expense Ratio - This Includes The Fund's Annual Fee, For Which A Low Expense Ratio Is Preferred Because Even A Small Change Can Make A Big Difference