Shall I stop SIP & start investing every month as per my choice date?

POSTED BY Mr.Nilesh ON October 18, 2013 2:06 pm COMMENTS (10)

I have 2 SIPs

1.SBI magnum equity fund

2.SBI emerging business fund

My SIP date is 20 of every month. Unfortunately at 18-19th of every month market goes UP hence my fund’s NAV goes up & i end up with less units each time.

So i am thinking to stop SIP & start invest only when the NAV is low in that month.

10 replies on this article “Shall I stop SIP & start investing every month as per my choice date?”

  1. ashalanshu says:

    Dear Nilesh, for 3-4Y period in Eq. MFs, My best wiehses are with you.



  2. ashalanshu says:

    Dear Nilesh, should I assume, through all this hard work, you are going to make Few billions from your thousands? If the time frame is just 3-4Y, Eq. funds should not be the choice.



    1. Mr.Nilesh says:

      dear sir,
      i will not make billions but atleast ll make more money as compare with bank RDs etc.

  3. Mr.Nilesh says:

    Dear Ashal sir,
    well i dont have any formula, but i will purchase units when market falls drastically & my funds NAV is low.As my investment horizon for MF is for 3-4 years only.

  4. Sumit says:

    HI Vinay,

    the link you posted is completely different that what is asked by Nilesh here. He is
    asking about manual SIP as per his wish – rather than automatic SIP on a fixed date.

    1. Mr.Nilesh says:

      u r right Sumit.

  5. vijay says:

    Incidentally, I’d read an article concerning exactly this. A quick google search and here’s the link –

    The summary is this – splitting the SIP is not a good idea. 10th of the month seemed to work out a little better. Over 10 yrs., not too much of a variation.

  6. Sumit says:


    This is not a bad idea as long as you can be much disciplined and have control on emotions. I am doing this for few of my funds – initially it gave me a tough time bothering about market UP and DOWNS. Sometimes I lost opportunities and sometimes I did better. You practice and You will do better. But frankly speaking in long run the difference should not be very much, your extra effort will be justified or not – only time could tell.


  7. Anshuk Jain says:

    You can try doing that but in the long run it shouldn’t matter..

  8. ashalanshu says:

    Dear Nilesh, how w’d you decide that the ,market is lowest today (your investment date)? if you do have any formula, please sharw with all of us. so that we can also get the benefit of the same.



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