SIP Not For Everyone: Know Who Should Avoid Mutual Funds

• SIPs are popular for average 12% returns but are market-linked, offering no guaranteed returns.
• Short-term investors, those needing quick withdrawals, or lacking patience should avoid SIPs.
• Risk-averse individuals who panic during market falls are better off with FDs or Post Office Schemes.
• Investors solely focused on tax savings via ELSS but unwilling to take market risks should reconsider SIPs.
• Those seeking immediate profits or new investors choosing trending funds without advice may find SIP unsuitable.

Why It Matters: SIPs are ideal for long-term investors with risk tolerance; others should explore safer alternatives.