Why can’t I invest a lump-sum instead of starting an SIP to reach my goal?
Investing through SIPs averages out the price volatility. As part of the plan that helps you achieve your goal, we arrive at an amount which you need to invest every month. Hence, we recommend that you start an SIP.
Once the plan is active, you can invest additional lump-sum amounts or even set up additional SIPs. Click on “Invest More” in your Scripbox My First Crore account to do this.