Quick Answer: Can I Do SIP For 6 Months?

Which mutual fund is best for 6 months?

Top Performing Mutual FundsScheme nameCategory6 MonthICICI Pru Technology Fund(G)Sector Funds80.36Quant Small Cap Fund(G)Market Cap Fund76.30Aditya Birla SL Intl.

Equity Fund-B(G)Thematic Fund68.80Quant Infrastructure Fund(G)Sector Funds68.631 more row.

What is the minimum period for SIP?

6 monthsMost fund houses have a minimum SIP tenure of 6 months. This leads investors to believe that 6 months is the ideal time frame for investing via SIPs (just like a lot of investors invest Rs 5,000 in mutual funds simply because that is the minimum investment amount for several mutual fund schemes).

Where can I invest for 6 months?

Although there is no single defined period for short-term investments, anything from 7 days to less than 12 months can qualify as short-term.Bank fixed deposits. Tenure: A bank FD is a safe choice for short-term investment. … Company FD. … Post office time deposits. … Recurring Deposits. … Sweep-in FD. … Debt mutual funds.

Is SIP safe for long term?

Is SIP safe or not? SIP is a very safe method to invest in mutual funds. If you invest in a mutual fund lump sum, depending on the market condition, you could end up paying a very high price for a mutual fund. … If you consider the long term, the price you pay will be an average of high and low.