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SIPs Vs Lump sum Investing? There are various articles that say systematic investment plans(or SIPs) are the best route to be taken for investing in Mutual Funds. Various SIP calculators help you plan for that goal, many websites, and financial planners will also advocate the Top SIP plans to invest. Most will talk about rupee cost averaging & the benefits of SIPs, stating that getting into the stock Market via lump sum investment may not be the best way. While one may get into the best mutual fund for SIP, can one expect better returns than lump sum investing by using SIP as the investing mode?
Investing is always about the ability to generate returns. Whether it's a lump sum investment or a systematic Investment plan, one needs to be prudent and make the correct decisions. Investing in Mutual Funds is not always about selecting the best mutual funds or the Best SIP Plans. There is much more that needs to be considered. Especially, if one is thinking about investing in the equity markets, one needs to be even more careful. An analysis of the stock market (taking the BSE Sensex as the benchmark) yields that the chance of making returns increases if one stays invested for a long term. As one can see from the table below, if one just goes by numbers, there is a 30% chance that you may make a loss if you plan to stay invested in the stock market for only 1 year.
Hence most advisors when talking about equity investments would always relate to equities with "long term investing". If one plans to stay invested for 5 years the probability to make loss drops to 13%. And if one is truly long-term ( more than 10 years), than the ability to make a loss tends towards zero. Hence, if one is really interested in making money from the stock market, its all about spending time in the stock market. (rather than marking timing!)
It's quite clear that investing in the equity markets is a long-term game. A lot of people advocate that the benefits of SIPs extend from rupee cost averaging to disciplined investing, but there is a bigger question to be answered, do SIPs deliver better returns than lump sum investing?
We tried to get a deeper understanding of this question by looking at the equity markets since 1979 (since the inception of the BSE Sensex). The BSE Sensex is a composition of the top 30 companies in India and is a representation of the equity market. Analysing this data, we could get some insights to see if SIPs or lump sum, which is better.
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The worst period to start investing was around September 1994 (this was the time when the stock market had peaked). In fact, if one looks at market data the investor who had invested a lump sum sat on negative returns for 59 months( nearly 5 years!). The investor broke even in about July of 1999. The next year though some returns were generated, these returns were short lived due to the 2000 stock market crash subsequently. After suffering for another 4 years (with negative returns) and the investor finally became positive in October 2003. This was possibly the worst time to have invested a lump sum.
What happened to the SIP investor? The systematic Investment Plan investor was negative for only 19 months and started posting profits, however, these were short-lived. The SIP investors were up again by May 1999 after suffering interim losses. While the journey still continued to be shaky, SIP investors showed profits in the Portfolio much earlier. The maximum loss for the lump sum investor was nearly 40%, whereas for the SIP investor was 23%. The systematic investment plan investor had a faster recovery period as well as a lower loss in the portfolio.
Another very gloomy period to start investing was around March 2000 (this was the time when the stock market had peaked, again!). In fact, if one looks at market data the investor who had invested a lump sum sat on negative returns for 45 months straight( nearly 4 years!). The investor broke even in about of December of 2003. The next year though some returns were generated, these returns were short lived due to a slip again in 2004. After suffering for another 1 year, the investor finally became positive in September 2004. This was another bad time to have invested a lump sum.
What was the story of the SIP investor who started investing in March of 2000? If one invested monthly sums of equal amounts, the investor was positive in June 2003 and by September 2004, the portfolio was up 45% overall. (when the lump sum investor was breaking even). Another aspect to note is the maximum loss, the lump sum investor has suffered a nearly 50% loss by September 2001, comparatively, the SIP portfolio loss was 28% at the same time.
What we can get from the above is that when the stock market is in for a bad period, it's always better to be in a SIP since the recovery is faster and also one sees lower losses in the portfolio too.
Looking at the last 37 years data of the stock market from 1979 to 2016, one deciphers that if one invested early on (1979 - inception time of the BSE Sensex), one hardly saw any negative returns in the portfolio.
A 5-year analysis from August 1979 shows that both the lump sum and Systematic Investment Plan portfolios posted hardly any loss in any time period from there. As one can see from the graph below, both portfolios posted handsome profits year-on-year. At the end of every year, the lump sum portfolio overtook the SIP portfolio and increased the lead margin too.
Hence, in case the market is expected to go one way up, the lump sum is always the better option.
While we can analyse all periods of the stock market, can we really decide which is better? The answer to this varies from individual to individual, the cash flows, investing(or holding) periods, outgoing cash flows or requirements etc. SIPs are a great tool to inculcate the habit of savings, they channelize the investment of individuals into the stock market. One also has to plan for investing for the long term if you plan to invest in equities, where we clearly know that the ability to generate returns increases with time. Also, if one feels the markets may be choppy and not a straight line up, then SIPs are a great tool to enter the market. Additionally, data shows that SIPs also ensure that the investor suffers lower losses at any time.
In case there is feeling that the market would be secular (one way!) on the upside, in that situation, lump sum investing would be the way to go.
The objective of the scheme would be to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings and in debt and money market instruments issued by PSUs AND others. SBI PSU Fund is a Equity - Sectoral fund was launched on 7 Jul 10. It is a fund with High risk and has given a Below is the key information for SBI PSU Fund Returns up to 1 year are on To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. Invesco India PSU Equity Fund is a Equity - Sectoral fund was launched on 18 Nov 09. It is a fund with High risk and has given a Below is the key information for Invesco India PSU Equity Fund Returns up to 1 year are on To seek long-term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from growth and development of infrastructure. HDFC Infrastructure Fund is a Equity - Sectoral fund was launched on 10 Mar 08. It is a fund with High risk and has given a Below is the key information for HDFC Infrastructure Fund Returns up to 1 year are on The investment objective of Franklin India Opportunities Fund (FIOF) is to generate capital appreciation by capitalizing on the long-term growth opportunities in the Indian economy. Franklin India Opportunities Fund is a Equity - Sectoral fund was launched on 21 Feb 00. It is a fund with Moderately High risk and has given a Below is the key information for Franklin India Opportunities Fund Returns up to 1 year are on The Scheme seeks to achieve capital appreciation by investing in companies engaged directly or indirectly in infrastructure related activities. Franklin Build India Fund is a Equity - Sectoral fund was launched on 4 Sep 09. It is a fund with High risk and has given a Below is the key information for Franklin Build India Fund Returns up to 1 year are on 1. SBI PSU Fund
CAGR/Annualized
return of 8.4% since its launch. Ranked 31 in Sectoral
category. Return for 2023 was 54% , 2022 was 29% and 2021 was 32.4% . SBI PSU Fund
Growth Launch Date 7 Jul 10 NAV (07 May 24) ₹30.3535 ↓ -0.72 (-2.32 %) Net Assets (Cr) ₹1,876 on 31 Mar 24 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating ☆☆ Risk High Expense Ratio 2.52 Sharpe Ratio 2.62 Information Ratio -1.01 Alpha Ratio -9.05 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,906 30 Apr 21 ₹10,690 30 Apr 22 ₹13,300 30 Apr 23 ₹15,716 30 Apr 24 ₹30,834 Returns for SBI PSU Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 7 May 24 Duration Returns 1 Month 2% 3 Month 4.3% 6 Month 52.9% 1 Year 86.9% 3 Year 38.5% 5 Year 24.5% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 54% 2022 29% 2021 32.4% 2020 -10% 2019 6% 2018 -23.8% 2017 21.9% 2016 16.2% 2015 -11.1% 2014 41.5% Fund Manager information for SBI PSU Fund
Name Since Tenure Richard D'souza 1 Aug 14 9.67 Yr. Data below for SBI PSU Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 29.75% Utility 20.1% Energy 15.5% Industrials 13.16% Basic Materials 12.55% Asset Allocation
Asset Class Value Cash 8.94% Equity 91.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 Jul 10 | SBIN11% ₹209 Cr 2,777,500
↑ 500,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Jul 10 | 5328989% ₹163 Cr 5,885,554
↑ 1,350,000 NTPC Ltd (Utilities)
Equity, Since 31 Jul 10 | 5325558% ₹146 Cr 4,343,244 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 31 May 20 | 5003125% ₹93 Cr 3,455,000 Hindustan Copper Ltd (Basic Materials)
Equity, Since 30 Apr 21 | 5135995% ₹86 Cr 3,093,315
↑ 700,000 Housing & Urban Development Corp Ltd (Financial Services)
Equity, Since 30 Nov 22 | HUDCO4% ₹81 Cr 4,350,000 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 31 Jul 23 | 5001034% ₹74 Cr 3,000,000 Oil India Ltd (Energy)
Equity, Since 31 Mar 24 | 5331064% ₹72 Cr 1,200,000
↑ 1,200,000 Indian Oil Corp Ltd (Energy)
Equity, Since 31 Aug 15 | IOC4% ₹72 Cr 4,281,804 NHPC Ltd (Utilities)
Equity, Since 31 Jan 24 | 5330984% ₹68 Cr 7,600,000 2. Invesco India PSU Equity Fund
CAGR/Annualized
return of 12.9% since its launch. Ranked 33 in Sectoral
category. Return for 2023 was 54.5% , 2022 was 20.5% and 2021 was 31.1% . Invesco India PSU Equity Fund
Growth Launch Date 18 Nov 09 NAV (07 May 24) ₹57.75 ↓ -1.29 (-2.18 %) Net Assets (Cr) ₹859 on 31 Mar 24 Category Equity - Sectoral AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 2.46 Sharpe Ratio 3.07 Information Ratio -1.18 Alpha Ratio -0.44 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹9,782 30 Apr 21 ₹12,732 30 Apr 22 ₹15,408 30 Apr 23 ₹18,289 30 Apr 24 ₹34,191 Returns for Invesco India PSU Equity Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 7 May 24 Duration Returns 1 Month 1% 3 Month 6.2% 6 Month 47.2% 1 Year 79.6% 3 Year 36.3% 5 Year 27.4% 10 Year 15 Year Since launch 12.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 54.5% 2022 20.5% 2021 31.1% 2020 6.1% 2019 10.1% 2018 -16.9% 2017 24.3% 2016 17.9% 2015 2.5% 2014 54.5% Fund Manager information for Invesco India PSU Equity Fund
Name Since Tenure Dhimant Kothari 19 May 20 3.87 Yr. Data below for Invesco India PSU Equity Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 28.41% Financial Services 25.67% Utility 25.61% Energy 17.26% Asset Allocation
Asset Class Value Cash 3.05% Equity 96.95% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharat Electronics Ltd (Industrials)
Equity, Since 31 Mar 17 | BEL9% ₹77 Cr 3,801,222 NTPC Ltd (Utilities)
Equity, Since 31 May 19 | 5325559% ₹76 Cr 2,254,157 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN9% ₹75 Cr 990,944
↑ 15,318 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | 5411549% ₹74 Cr 221,859
↑ 64,215 Coal India Ltd (Energy)
Equity, Since 31 Aug 23 | COALINDIA8% ₹70 Cr 1,612,886
↑ 86,457 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 22 | 5328987% ₹63 Cr 2,261,566
↑ 134,899 NHPC Ltd (Utilities)
Equity, Since 31 Oct 22 | 5330986% ₹49 Cr 5,435,618 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 18 | 5005475% ₹42 Cr 699,865
↓ -133,222 Bank of Baroda (Financial Services)
Equity, Since 30 Jun 21 | 5321344% ₹38 Cr 1,431,527 Container Corporation of India Ltd (Industrials)
Equity, Since 31 Mar 17 | 5313444% ₹34 Cr 386,333 3. HDFC Infrastructure Fund
CAGR/Annualized
return of since its launch. Ranked 26 in Sectoral
category. Return for 2023 was 55.4% , 2022 was 19.3% and 2021 was 43.2% . HDFC Infrastructure Fund
Growth Launch Date 10 Mar 08 NAV (07 May 24) ₹43.082 ↓ -0.71 (-1.62 %) Net Assets (Cr) ₹1,663 on 31 Mar 24 Category Equity - Sectoral AMC HDFC Asset Management Company Limited Rating ☆☆☆ Risk High Expense Ratio 2.56 Sharpe Ratio 4.42 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹6,221 30 Apr 21 ₹9,521 30 Apr 22 ₹12,561 30 Apr 23 ₹14,692 30 Apr 24 ₹26,794 Returns for HDFC Infrastructure Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 7 May 24 Duration Returns 1 Month 0.9% 3 Month 5.2% 6 Month 32.3% 1 Year 74.6% 3 Year 39.1% 5 Year 21.6% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2023 55.4% 2022 19.3% 2021 43.2% 2020 -7.5% 2019 -3.4% 2018 -29% 2017 43.3% 2016 -1.9% 2015 -2.5% 2014 73.9% Fund Manager information for HDFC Infrastructure Fund
Name Since Tenure Srinivasan Ramamurthy 12 Jan 24 0.22 Yr. Dhruv Muchhal 22 Jun 23 0.78 Yr. Data below for HDFC Infrastructure Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 38.15% Financial Services 19.71% Basic Materials 7.49% Energy 6.65% Utility 6.1% Communication Services 3.69% Consumer Cyclical 2.28% Technology 1.64% Real Estate 1.15% Asset Allocation
Asset Class Value Cash 11.74% Equity 86.91% Debt 1.35% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 09 | ICICIBANK7% ₹118 Cr 1,075,000 J Kumar Infraprojects Ltd (Industrials)
Equity, Since 31 Oct 15 | 5329406% ₹95 Cr 1,500,000 Coal India Ltd (Energy)
Equity, Since 31 Oct 18 | COALINDIA5% ₹82 Cr 1,900,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 12 | LT5% ₹79 Cr 209,762 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Aug 23 | HDFCBANK4% ₹72 Cr 500,000
↑ 100,000 NTPC Ltd (Utilities)
Equity, Since 31 Dec 17 | 5325554% ₹70 Cr 2,084,125 Kalpataru Projects International Ltd (Industrials)
Equity, Since 31 Jan 23 | 5222874% ₹70 Cr 650,000
↓ -33,608 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 20 | BHARTIARTL4% ₹61 Cr 500,000 State Bank of India (Financial Services)
Equity, Since 31 Mar 08 | SBIN3% ₹53 Cr 704,361 G R Infraprojects Ltd (Industrials)
Equity, Since 31 Jul 21 | 5433173% ₹47 Cr 363,007
↑ 64,069 4. Franklin India Opportunities Fund
CAGR/Annualized
return of 13.5% since its launch. Ranked 47 in Sectoral
category. Return for 2023 was 53.6% , 2022 was -1.9% and 2021 was 29.7% . Franklin India Opportunities Fund
Growth Launch Date 21 Feb 00 NAV (06 May 24) ₹216.529 ↓ -1.17 (-0.54 %) Net Assets (Cr) ₹2,950 on 31 Mar 24 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 2.55 Sharpe Ratio 3.12 Information Ratio 0.87 Alpha Ratio 13.29 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹8,112 30 Apr 21 ₹13,343 30 Apr 22 ₹14,523 30 Apr 23 ₹16,479 30 Apr 24 ₹29,103 Returns for Franklin India Opportunities Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 7 May 24 Duration Returns 1 Month 5.6% 3 Month 11.4% 6 Month 38.6% 1 Year 72.9% 3 Year 29.2% 5 Year 24% 10 Year 15 Year Since launch 13.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 53.6% 2022 -1.9% 2021 29.7% 2020 27.3% 2019 5.4% 2018 -10.1% 2017 35.6% 2016 4.2% 2015 2.3% 2014 58.6% Fund Manager information for Franklin India Opportunities Fund
Name Since Tenure Kiran Sebastian 7 Feb 22 2.15 Yr. R. Janakiraman 1 Apr 13 11.01 Yr. Sandeep Manam 18 Oct 21 2.45 Yr. Data below for Franklin India Opportunities Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 26.52% Consumer Cyclical 20.25% Financial Services 10.57% Health Care 10.01% Communication Services 8.75% Technology 6.62% Energy 5.63% Basic Materials 4.12% Utility 1.95% Asset Allocation
Asset Class Value Cash 5.6% Equity 94.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jan 10 | ICICIBANK6% ₹185 Cr 1,694,988
↑ 729,338 Zomato Ltd (Consumer Cyclical)
Equity, Since 31 Aug 23 | 5433206% ₹168 Cr 9,244,922
↑ 2,360,707 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | RELIANCE6% ₹166 Cr 558,976 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 24 | BHARTIARTL5% ₹155 Cr 1,258,338
↑ 446,969 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | 5411544% ₹119 Cr 358,616 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 31 Jul 22 | KIRLOSENG4% ₹107 Cr 1,240,202
↑ 208,416 Crompton Greaves Consumer Electricals Ltd (Consumer Cyclical)
Equity, Since 30 Apr 22 | CROMPTON3% ₹91 Cr 3,411,111
↑ 1,292,444 Metropolis Healthcare Ltd (Healthcare)
Equity, Since 31 Jan 24 | 5426503% ₹90 Cr 525,044
↑ 223,723 Aster DM Healthcare Ltd Ordinary Shares (Healthcare)
Equity, Since 31 Aug 23 | 5409753% ₹89 Cr 2,164,637
↑ 674,798 Bharat Electronics Ltd (Industrials)
Equity, Since 31 May 22 | BEL3% ₹87 Cr 4,297,181 5. Franklin Build India Fund
CAGR/Annualized
return of 19% since its launch. Ranked 4 in Sectoral
category. Return for 2023 was 51.1% , 2022 was 11.2% and 2021 was 45.9% . Franklin Build India Fund
Growth Launch Date 4 Sep 09 NAV (07 May 24) ₹127.996 ↓ -2.19 (-1.68 %) Net Assets (Cr) ₹2,191 on 31 Mar 24 Category Equity - Sectoral AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆☆☆☆ Risk High Expense Ratio 2.29 Sharpe Ratio 3.77 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Apr 19 ₹10,000 30 Apr 20 ₹7,225 30 Apr 21 ₹11,639 30 Apr 22 ₹14,835 30 Apr 23 ₹17,194 30 Apr 24 ₹30,640 Returns for Franklin Build India Fund
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 7 May 24 Duration Returns 1 Month 3.4% 3 Month 8.2% 6 Month 36.6% 1 Year 72.8% 3 Year 36.1% 5 Year 25.1% 10 Year 15 Year Since launch 19% Historical performance (Yearly) on absolute basis
Year Returns 2023 51.1% 2022 11.2% 2021 45.9% 2020 5.4% 2019 6% 2018 -10.7% 2017 43.3% 2016 8.4% 2015 2.1% 2014 93.8% Fund Manager information for Franklin Build India Fund
Name Since Tenure Ajay Argal 18 Oct 21 2.45 Yr. Kiran Sebastian 7 Feb 22 2.15 Yr. Sandeep Manam 18 Oct 21 2.45 Yr. Data below for Franklin Build India Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 40.44% Utility 12.04% Energy 10.98% Financial Services 10.9% Basic Materials 6.56% Communication Services 5.37% Consumer Cyclical 4.13% Real Estate 3.67% Technology 0.35% Asset Allocation
Asset Class Value Cash 5.56% Equity 94.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity Larsen & Toubro Ltd (Industrials)
Equity, Since 29 Feb 20 | LT10% ₹226 Cr 600,000 NTPC Ltd (Utilities)
Equity, Since 30 Nov 16 | 5325557% ₹143 Cr 4,250,000
↓ -350,000 Oil & Natural Gas Corp Ltd (Energy)
Equity, Since 30 Jun 19 | 5003126% ₹127 Cr 4,750,000
↓ -50,000 Reliance Industries Ltd (Energy)
Equity, Since 31 Oct 21 | RELIANCE5% ₹113 Cr 381,000
↑ 56,000 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 21 | 5328985% ₹103 Cr 3,725,000
↓ -375,000 Kirloskar Oil Engines Ltd (Industrials)
Equity, Since 30 Nov 21 | KIRLOSENG4% ₹96 Cr 1,119,847 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Mar 12 | ICICIBANK4% ₹87 Cr 800,000 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Sep 09 | BHARTIARTL4% ₹87 Cr 710,000 KEI Industries Ltd (Industrials)
Equity, Since 31 Dec 15 | 5175694% ₹79 Cr 229,407 Sobha Ltd (Real Estate)
Equity, Since 31 Aug 17 | 5327843% ₹71 Cr 490,000
The final choice to invest via the lump sum route or SIPs would be a culmination of many factors, however, the investor needs to take into account all these and his/her risk appetite to choose the best route. Choose well, choose wisely, stay invested!