Maninder pal singh
KF Rookie
Please advice is it is beneficial to start all SIP on different dates. i.e. 5th, 15th and 25th.
Or on a fix day every month??
Or on a fix day every month??
Mutual fund start date.
- Thread starter Maninder pal singh
- Start date
zacobite
KF Mentor
different dates always better.. spread for more variability
Generally different is better, which is why some experts recommend daily SIP over Monthly SIP.
But in the overall scheme of things, the difference would be negligible. Most Important thing is to start and keep investing over 10-20 year period.
Sarcastic_bubu
KF Ace
It doesn't matter a lot....
The most important thing is not that when you are investing the important thing is for how long you are investing...
The power of compounding will visible after 15 years....
anisharya16
KF Ace
Doesn't really matter
AlertsByVivek
KF Expert
I tried Daily SIP and Monthly SIP, i didn't see much difference. But yes I think Daily SIP works well in longer run.
Can you throw some light on this topic ?
zacobite
KF Mentor
logically daily will spread the inv better.. but will be cumbersome to manage.. if you are investing high amount then daily can be divided.. small amounts not reqd.. daily can be additional.. random daily additional instead of sip
AlertsByVivek
KF Expert
Yes I tried with 30k Monthly and 1K per day daily.
Smaller run I didn't see any difference. May be I will have to wait for 2 year to see the difference
zacobite
KF Mentor
depends on market.. if it is volatile you will see difference v soon
AlertsByVivek
KF Expert
Yeh agree. Let's see I will do this study for next 2 year atleast. I will post both the results
Sahil singla
KF Rookie
Most important thing is investing not dates over a long period of time dates effect is negligible
theraj0007
KF Expert
I DON'T THINK IT WILL MAKE ANY DIFFERENCE IN 20 YRS OR SO.
