By : 5paisa, 12 August 2024
Market drops might provide an opportunity to accumulate more units at lower rates. You should consider increasing your SIPs.
Market Downturns: A SIP Opportunity?
Continue investing during downturns to benefit from rupee cost averaging, which reduces the average cost of your investments.
Rupee Cost Averaging
Continue investing during downturns to benefit from rupee cost averaging, which reduces the average cost of your investments.
Long-Term Wealth Creation
Maintaining or growing SIPs during a downturn allows you to remain disciplined and avoid making emotional financial decisions.
Stay Disciplined
Consider your risk tolerance before changing SIPs.
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Investment/Trading in securities market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equities and Derivatives can be substantial.
Disclaimer