We often get to see that a Systematic Investment Plan (SIP) tends to outperform lump-sum investments over longer periods of time.

Before understanding what a SIP offers, it is essential to understand what the SIP does not offer. For example, the SIP is not an assurance of lower risk and higher returns.

The difference between most of them is based on the term to maturity or the credit quality. There is also a classification based on the discretion of the fund manager in terms of allocation.

Liquid Funds are the best way of creating an emergency fund. Read about how liquid funds and debt funds are taxed to make sound investment decisions.

New home buyers looking to manage their home it is beneficial if they manage their EMI, prepayment and tenure well to significantly reduce burden loan burden

The basic rule of investing in mutual funds is that it conscious decision and not a random decision.

Split the savings between a mix of government-backed schemes, mutual funds & more. Know how much you can invest out of 30,000 & how much you can earn.

Broadly, there are four possible reasons why the SIP could be outperforming. Remember, 3 years is still a very short time to evaluate returns on equities.

After all, you are relying on the judgement and discretion of an individual fund manager and you really cannot be sure of whether they will do a good job or not.

The more you use your card, the more points you will earn and therefore the more you will stand to benefit. All that is fine, but you first need to know what the banks charge for your credit card. Do you really know the effective cost of your card?