We all know that SIP is a good idea and is often regarded as the best way for retail investors to invest in equity funds. I have found an even better way. While going in for SIP, choose dates which are either right in the beginning of the month or right at the fag end of the month. It has been historically proved that the markets tend to very volatile and Sensex/stocks tend to be weak during this time. Thus you will end up buying units at a lower NAV.
In fact, I remember reading an article that just by investing in the fag end or the beginning of the month, an invester could end up with a potential saving of 3 to 3.5% which when compounded adds up to a huge amount.
So, plan carefully and invest for maximum returns.
Best of luck.
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