0 Anonymous Asked: December 18, 2020In: Finance How to choose SIP Investment? 0 How to choose SIP Investment? Share Facebook 1 Answer Voted Oldest Recent devangthakkar 0 Questions 48 Answers 0 Best Answers 121 Points View Profile devangthakkar Added an answer on December 18, 2020 at 2:02 am A systematic investment plan enables you to invest a fixed amount at regular intervals in mutual funds, which in turn invest in the markets. Factors to consider while choosing SIP are as below: Investment objective: You need to ask yourself a. Are you investing for the short term or long term? b. what is your risk appetite? Fund type: As mutual funds are of various types Asset-based mutual funds: a. Equity Funds b. Debt Funds c. Balanced Funds Structure-based mutual funds: a. Open-ended b. Close-ended Historical Performance & Returns: Carefully study funds before investing in them. Compare funds on the basis of performance over a 3 to a 5-year term. A comparison of historical performance will tell you how strong or weak a fund is and whether it can withstand market volatility. Mutual Funds can help your Money reach a suitable Asset Class in a Cost-Effective way. for a normal individual, it is difficult all these days, hence one should consult a good mutual fund advisor for a better understanding of funds & start investing in mutual funds with Ajmera x-change. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer.