Question

SIPs of Mutual funds are good if :

• A. The Investment amount is in crores and withdrawal is within days
• B. They are invested for instant returns
• C. They are invested for a short term of 1-2 years
• D. They are invested for a long term of 10-15 years

Answer 1

The correct option is D They are invested for a long term of 10-15 years

SIPs of Mutual funds are good if they are made into long term investments of at least 10-15 years to get the best returns.

The rest of the options are not valid in real world scenarios.