SIPs in mid-caps offer long-term gains: Study
Deccan ChronicleMumbai: On World Savings Day, systematic investment plan, or SIP, is seen as a suitable savings strategy at a time when returns on small savings schemes are becoming less attractive. In India monthly SIP contribution in mutual funds has grown from Rs 3,698 crore in September 2016 to Rs 12,976 crore in September 2022, making it a popular household savings and investment method among the informed population. According to a study among the three market cap segments, the mid-cap segment is seen as a good investment option for investors preferring long-term investment. An analysis of SIP investments over a long period of time by WhiteOak Capital AMC reveals that an average large-cap stock is generally less volatile than an average small-cap and mid-cap stock and provides stability to the portfolio.