boss, mutual funds are not static either - check their annualized returns. SIP and hold for 10 years - then they will give decent returns in line with growth.
The predictions are useless yes, but take this simple prediction instead - Sensex will give long term return in line with GDP+inflation ( nominal GDP). Since MF easily beat Sensex, they will do better. No tension, when we think in this way.
The predictions are useless yes, but take this simple prediction instead - Sensex will give long term return in line with GDP+inflation ( nominal GDP). Since MF easily beat Sensex, they will do better. No tension, when we think in this way.
Also depends on market conditions and the time of your SIP.
As in individual stocks , your entry timing is very important in SIP's along with the market trend.