I’m looking to do SIP on an open ended mutual fund. I’ve been researching about it for the past few weeks. Currently, there are three options:
So, how do I choose between these three?
Option A, B or C
Or do I go with option D by diversifying equally into all three of these?
And let me give you a scenario,
I read a comment in this subreddit few days back about “3K per month with 16% p.a. to get 1.18 crore wealth out of 900K investment in 25 years time.”
So, if i could spare the 900K right now, would it be wiser to go all in at the current NAV or let’s say the new NMB saral fund instead of SIP?
And, can I register for SIP completely online or do I have visit the distribution centers?
Thanks for the help!