That bonus is a golden opportunity! But how to make it work harder for maximum mutual fund returns? Let's dig into the big debate.
Invest your bonus all at once. Great in a strong bull market, but timing is incredibly difficult. High risk, high potential reward, if you get it right. Not for the faint-hearted!
Spread your bonus over months via SIP. Rupee cost averaging reduces timing risk & market volatility. Builds discipline, less stressful entry. Smart for uncertain markets!
Don't choose just one! Combine partial lumpsum & partial SIP, or use STP. STP parks your bonus in a liquid fund, then systematically invests into equity. Best of both worlds!
It's personal! Consider Current Market Valuation (expensive or corrected?), Your Risk Appetite (stress tolerance?), & Investment Horizon (short or long-term goal?). Be honest with yourself.
Don't follow blind tips, try to time the market, or forget your goals. Avoid complex products. The biggest mistake? Letting your bonus sit idle in savings!
Don't let your bonus just sit! Use a SIP or Goal SIP Calculator to make your money work harder. Visit sipplancalculator.in to crunch numbers now!