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Can one initiate a small-cap SIP in the current market with a monthly investment as low as Rs 2000 for a duration of five years?
Each mutual fund sets its own minimum SIP amount for investors to begin investing, and this threshold varies among funds. Several mutual funds require a minimum SIP amount of Rs 500 or Rs 1,000, while some accept as little as Rs 100. Before investing in a particular mutual fund, it's essential to verify its minimum SIP amount. Typically, Rs 2,000 is adequate to initiate an SIP in the majority of mutual funds in India. When you commence an SIP in most mutual funds, you are not required to specify a duration; instead, it continues until you opt to cancel it. Nifty 50 In the past five years, the Nifty 50 has experienced an increase ranging from 0% to 1% on approximately 517 occasions. Today, the Indian markets opened lower than yesterday's closing level but rallied throughout the day to end on a positive note. Among the sectors, realty and consumer durables stocks recorded significant gains, while oil & gas stocks witnessed the most significant decline. In sync with the Indian
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