There are two ways to go about investing your money in a mutual fund:
In this method, you invest an entire chunk of money in a mutual fund at once. If the value of the mutual fund rises after that, so does the value of your investment & vice-versa.
Systematic Investment Plan (SIP):
In this method, you keep investing smaller chunks of money at regular intervals (usually monthly). So if you invest in a mutual fund through a SIP, you don’t need to time your investment and you become a disciplined investor.
While investing in mutual fund keep in mind following points: