The best time to start a SIP in equity mutual funds is now.

Take a look at the chart below. It shows the movement of the sensex or the stock market over the last 25 years. As you can see, there is a lot of volatility and no one could predict when the market will rise or fall.

BSE-Sensex

That’s where SIPs or systematic investment plans help. It allows you invest small amounts of money in a disciplined manner every month without worrying about whether the market is high or low.

If the market is high, you will receive lesser number of units and if the market is low, you will receive a larger number of units.

Over a period of time, due to a concept called rupee cost averaging, your cost of acquisition will be low and your money will grow over time.

If you haven’t started any SIPs as yet, enter your details below to get started.