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Sep 25, 2024 · Many new investors tend to procrastinate when it comes to starting their SIPs as they are unable to make up their minds regarding the right ‘date’ for their SIPs. Many are eager to know what is the best sip date for a mutual fund that can increase their returns. But does the SIP date really matter? Let’s find out. Finding Out the Best SIP ...
Sep 19, 2023 · These include avoiding SIPs in the first week as most of the salaries are paid in the first week and any mismatch between salary credit and SIP date can see your SIP bounce to preferring a SIP date in the last week as there could be volatility related to derivative expiry.
Nov 4, 2022 · Any day is a good day for SIP if you plan to invest for the long term. Is there a good date to start a monthly SIP? With Systematic Investment Plan (SIP) becoming one of the most popular ways...
Jul 11, 2021 · Some are of the view that the End of the month / Near the date of expiry (dates like the 25th to 31st of every month) are the best SIP dates. And many experts claim that the best day for SIP is the last Thursday of the month. So that was about which are best SIP date & worst SIP date.
Oct 3, 2024 · Choosing the right day. So, is there something called the best day to start a SIP? “The answer is simple – choose a date that is convenient for you, typically just after your salary day.
Apr 20, 2023 · The choice of the best date for SIP is at your discretion. That said, every investor is different, and so is their financial position. In order to understand better, pick your favourite SIP and compare the XIRR (Extended Internal Rate of Return) of each date. There may not be a drastic change in the fund’s returns each day.
Oct 27, 2023 · Pick a suitable date that best matches your SIP needs based on your financial comfort, availability of funds, and investment strategy. To Conclude Mutual funds do not mandate any particular deadline for SIP investments.
Oct 29, 2022 · In WhiteOak's view, the best SIP date is when an investor usually receives money in his/her bank account (For Eg. Salary Credit Day). WhiteOak's study attempts to address some of these...
Jul 6, 2023 · JM Financial Mutual Fund recently unveiled an ‘any day’ facility for monthly SIP schemes. It also allowed daily SIP and STP (systematic transfer plan) facilities on any day.
Aug 4, 2018 · Best Days for SIP: 1, 23, 20. Worst Days for SIP: 9. Also Read: Arbitrage Mutual Funds – A good Short Term investment option. So finally the question – what are best days for SIP? Based on overall analysis, if I look at 3 year running SIP, 1st, 23rd & 24th seems to be the best days while 9th seems to be worst.
