The conversation between human and AI assistant.
While investing in an ELSS scheme, is SIP investment or lump sum investment better?
Yes, please.
When you invest through SIP, you invest a fixed amount of money on a regular basis, usually monthly. This can help you average out your investment over time and reduce the impact of market volatility. On the other hand, investing through lump sum means investing a large amount of money all at once. This can be more suitable if you have a lump sum of money and want to invest it all at once.