How to invest in new-age SIP variants when the market is turbulent

Are you having doubts about your ongoing systematic investment plans (SIPs) in mutual funds? If your answer is yes, you need to keep a check on investment platforms and fund houses that keeps launching SIP variants.

In recent years, Indian investors have already adopted the mantra of investing through systematic investment plans (SIPs) in a big way. The industry has so far garnered 2.78 million SIP accounts. Fresh collection via the SIP route was Rs 8,324 crore in July 2019.

In a regular SIP, you simply put in a fixed amount every month. When the market falls, your SIP buys a higher number of units, and when it rises it buys fewer units. However, for investors who aren't comfortable with this system, new-age tools offer enhancements to the structure. But what makes these new SIP variants so different? Listen to the podcast to know more