A lot of investors take the obviously smart step of starting SIPs in equity mutual funds. It’s a journey well begun. However, many stop their SIPs after a while and the reasons they cite are quite a few. But not all justify the need to withdraw.
Sanjiv SinghalFounder & Chief Operating Officer of Scripbox, Sanjiv has worked at the intersection of finance & technology for over 25 years - having held leadership positions at Citibank, ABN AMRO Bank & Kotak Mahindra. Sanjiv set up Scripbox along with his friends Ashok, Atul & Ravi with the aim of simplifying personal finance for everyone. You can also follow Sanjiv on twitter @sanjivsinghal.
Over the past 20 years or so, we have seen that the top equity mutual funds have consistently done better than the market benchmarks. Better managed diversified equity funds have delivered an annualised return that is about 3-4% better than the Nifty. This gets reflected in the return delivered by Scripbox portfolio recommendations.