Which type of mutual fund is better - Lumpsum investment or SIP
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I have heard that mutual fund is one of the best investment tool to grow the capital for a longer period of time. Mutual fund has various advantage as investment option while compared to other options like insurance, bank FD etc.
But I want to know how to go with mutual fund, systematic way by investing an amount regularly in a month interval or lump sump investment at a time. What are the advantages of SIP over lump sump investment in case of mutual fund?