Best time for SIP: When to invest in mutual funds?

May 23, 2023 Rajeev Kumar

Is there any right time to invest in mutual funds? When should you start your investing journey? What should be the SIP frequency? Read on to find answers.

Any time is the best time to invest in mutual funds. As returns depend on the duration of investment, one can start investing at any time.

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For starting the investment journey, experts say the best time is to start as early as possible.

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For example, starting SIP at age 20 will take only Rs 8419/month to reach Rs 10 crore at age 60 if the fund gives 12% annualised returns.

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But at age 35, the amount required to get Rs 10 crore would be Rs 52,697/month if the fund gives 12% annual returns. Read details in below link.

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However, the ideal SIP date could be when the investor usually receives money in his/her bank account.

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When it comes to SIP frequency, it doesn’t make much difference whether you are doing daily monthly or weekly SIP.

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