Hello, friends welcome to “Multibaggercalls.com”. Here in this article, I explained which is the Best Date For SIP Investment.
Most of the investors are confused which date is best for SIP.
Your financial planner/Investment Advisor suggests that.
The Beginning of the month is good for SIP investment.
Because they focus only on their commission.
Before starting investing trow SIP you need to understand what is SIP.
What Is SIP?
When you invest a particular amount in any Mutual fund or Stock systematically.
It is known as a systematic investment plan (SIP).
If you invest Rs.1000/- per month in a mutual fund or stock for a long period.
It’s called a systematic investment plan(SIP).
By investing in a systematic way you can reduce the risk of the market.
Which Is Best Date For SIP?
The long term investor is always concern about the best date for SIP.
By changing the SIP date you can earn a 1% additional return.
1% return a very big amount for long term investors.
As per studies the BEST Date for SIP Investment in Mutual Funds and Stock Market are as follows
- End of the month.
- Near the date of expiry.
End of the month.
If you start your SIP every month 25th to 30th.
Then you can generate a 1% additional return on your investments compared to any other day of the month.
Near the date of expiry.
As per the historical data the market trade at the lower level during the entire month of expiry.
And the reason for the market at a lower level near expiry is unwinding the position by traders.
If you start SIP nearby the expiry date it will give you the best return.
“I hope now you understand Which is the best date for SIP. If any query or suggestions regarding SIP please comment in below comment box.”