The conversation between human and AI assistant.
While investing in an ELSS scheme, is SIP investment or lump sum investment better?
Which method has a higher chance of earning more returns?
That's difficult to say. Lump sum investment may have the potential for higher returns if the market goes up, but it also means you may face larger losses if the market goes down. SIP investment helps mitigate the risk of market volatility as you spread out your investment over time. Both methods have their own pros and cons, so it's important to consider your own financial goals and risk tolerance before making a decision.