Systematic Investment Plan (SIP). SIP mitigates equity investment risk through rupee cost averaging, buying more units when prices are low and fewer when they're high.
Compounded over time, SIP investments can yield a substantial education corpus, contingent on continued investment over an extended period. Investors should choose mutual funds based on their objectives, risk tolerance, and investment horizon, recognizing that diversification across asset classes is prudent for achieving educational goals.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times.
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