Tip Tuesdays: Choose An STP When You Have A Lumpsum To Invest And An SIP When You Don’t
When I consolidated my finances and started my investments in mutual funds, I opted for a Systematic Investment Plan (SIP) but the SIP-debits came from a lumpsum that I already had in my savings account. I think a better option would have been to park the lumpsum in a Systematic Transfer Plan (STP) and from […]