Debunking 5 Major SIP Myths: Avoid Losses, Invest Wisely!

• SIPs do not guarantee immediate or consistently high returns; real growth typically appears over 7-15 years.
• Avoid investing in too many popular funds; 3-5 well-chosen funds offer better diversification than 8-10.
• SIPs can be paused or stopped if life circumstances change, as they are not legal contracts.
• Market downturns are ideal for SIPs, as lower NAVs allow more units to be purchased, reducing average cost.
• SIP is a method, not a product; returns depend on the underlying mutual fund's performance and strategy.

Why It Matters: Understand SIPs beyond common myths to make informed investment decisions and avoid potential losses.