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Is a weekly SIP better than a monthly SIP?

Select your SIP option based on your investment time frame and convenience to invest

I have a monthly SIP in few funds for more than 3 years and I intend to continue this in future. However, I want to know if a weekly SIP is better than a monthly SIP?

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Sreenidhi Chandran, Chennai

As someone who has been investing in mutual funds through monthly SIPs, you would have experienced the advantages of regular and systematic investments. Investing through SIPs is a disciplined approach to regular investing and you should base the frequency of your SIP contributions on your convenience and cash flows. There is nothing to prove that a daily SIP is better than a monthly one or otherwise. Select your SIP option based on your investment time frame and convenience to invest. For instance for a three or four year horizon, a monthly SIP is just fine.

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