ffreedom app - Money (Tamil)'s video: SIP or Lumpsum Which is Better in Tamil Difference between SIP and Lumpsum SIP vs Lumpsum

Download the ffreedom app from the Play Store or App Store to learn more about this https://ffreedom.com/yttamil Mutual Funds Course - Make your money work for you! Course Link : https://ffdm.app/S2sx Personal Finance Courses https://ffreedom.com/tamil/personal-finance-courses SIP or Lumpsum Which is Better in Tamil? | Difference between SIP and Lumpsum | SIP vs Lumpsum Lumpsum and SIP (Systematic Investment Plan) are two different investment approaches commonly used in the context of mutual funds or other investment vehicles. Let's understand the differences between lumpsum and SIP: Lumpsum: Lumpsum refers to investing a significant amount of money in a single transaction. In other words, you invest a large sum of money upfront as a one-time investment. This can be beneficial if you have a considerable amount of money available for investment, want immediate exposure to the market, or want to take advantage of a specific investment opportunity. However, it also involves the risk of investing a large sum at an unfavorable time if market conditions are not favorable. SIP (Systematic Investment Plan): SIP involves regular, periodic investments in smaller amounts over a specific duration. With SIP, you commit to investing a fixed amount at regular intervals, such as monthly or quarterly. The investment amount is deducted automatically from your bank account. SIP allows you to invest systematically over time and benefit from the power of rupee cost averaging, as you buy more units when prices are low and fewer units when prices are high. It helps in spreading out investment risk and provides discipline in investing ffreedom App is India's No1 Livelihood Education platform featuring 960+ video courses on Personal Finance, Business & Farming taught by super successful people from respective fields. Join over 1cr+ learners from India who are on their mission to increase their income by 10 times.