DizzyTaco

Lumsum SIP investment! 1 lk

Guys I have saved almost a lakh and want to invest this as a lumsum to an SIP kindly advise which fund to choose..or you guide me! any kind of suggestions will help.

Still new to this..

Thanks

15mo ago

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DerpySushi

Stealth15mo

Start with Nifty 50 index fund. Can invest via Groww app. All the best!

Any reason why you want to do lump sum and not smaller SIPs over an extended period?

DizzyTaco

IBM15mo

I am already doing a monthly sip of 15k, I saved around 1 lk so wanted to put this to some use.

ZestyBurrito

Stealth15mo

Sorry OP for hijacking your post. I already have an SIP in nifty 100. So where else can I invest 1lakh ?

SnoozyWaffle

Career Break15mo

Instead of single lumpsum, you can consider splitting into 3-4 buckets to invest over next 2 months. Gives you advantage in case better mkt levels arrive. Might go with index or blue chip funds,