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I was just reading this from a premium big investor he literally dose daily sip instead of monthly because price averaging has a different result than a monthly number. Apparently doing daily sip gives a difference of atleast 9 to 27% in the performance of ROI... I just asked to know if someone has already experienced it.
I don’t think so it will impact that much. Investing 6k ₹ per month vs 200 ₹ per day won’t have much impact as daily change in NAV will be negligent, overall the return will be same.
If amount is 1000-5000 ₹ per day then the ROI can be more.
But again not sure how it will impact considering the NAV difference won’t be too high/low.
Well what ever the amount small and mid caps sometimes move decent in a month or two so we might end up buying th stocks prices higher right? Weather a couple of hundreds or thousands it's still the same percentage maybe we might not see the value in money due to small numbers when it's in hundreds. I think in recent past this numbers changed earlier it would not have mattered but now stocks are moving faster.
Monthly Salary SIP 😉
I’ve for Rs.250 but now they have stopped taking the daily SIP and lumsump amount as it’s smallcap based MF. However the existing SIP will remain continue so it’s working for me
