You can think of SIP (Systematic Investment Plan) in mutual funds like crypto mining, where you invest small amounts consistently to build wealth over time. Just as there are different mining algorithms (PoW, PoS), mutual funds offer various types—Equity Funds (like high-risk altcoins), Debt Funds (Read more
You can think of SIP (Systematic Investment Plan) in mutual funds like crypto mining, where you invest small amounts consistently to build wealth over time. Just as there are different mining algorithms (PoW, PoS), mutual funds offer various types—Equity Funds (like high-risk altcoins), Debt Funds (stable like BTC mining rewards), Hybrid Funds (a mix of both), and Index Funds (tracking market performance like Bitcoin dominance). SIP in mutual funds helps smooth out volatility, much like dollar-cost averaging in crypto investments.
What Types of Mutual Funds Can I Invest in Through an SIP?
You can think of SIP (Systematic Investment Plan) in mutual funds like crypto mining, where you invest small amounts consistently to build wealth over time. Just as there are different mining algorithms (PoW, PoS), mutual funds offer various types—Equity Funds (like high-risk altcoins), Debt Funds (Read more
You can think of SIP (Systematic Investment Plan) in mutual funds like crypto mining, where you invest small amounts consistently to build wealth over time. Just as there are different mining algorithms (PoW, PoS), mutual funds offer various types—Equity Funds (like high-risk altcoins), Debt Funds (stable like BTC mining rewards), Hybrid Funds (a mix of both), and Index Funds (tracking market performance like Bitcoin dominance). SIP in mutual funds helps smooth out volatility, much like dollar-cost averaging in crypto investments.
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