Should invest a lumpsum or via SIP?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

BCCL
I want to invest Rs 1 lakh to create wealth. Please suggest options for a long-term investment plan of five to 10 years. What will be better, investing via SIP or investing a lumpsum?

--Abhishek Anshu


Neeraj Chauhan, CEO, The Financial Mall, responds:

You can Invest both a lumpsum and through SIPs. Both are good. Pick dynamic funds or balanced funds for five years and multicap funds for more than six years’ horizon.



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