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SIP or Lump Sum investment on Mutual Fund ?

Hiya,

Whether to invest via SIP or Lump Sum in Mutual Fund for better return in a Equity based mutual funds?

I am in a situation where I have say 5 Lakhs Rs in hand to invest, on the other hand if I start SIP I am not sure I will be able to continue investing as I am expecting my income to reduce for various reasons so may not be able to afford to invest same amount.

Pros and Cons on both please?

 

 

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