Can I purchase TCS on monthly basis as SIP ?

Ans: Hello Nilima,

Using a CAMS account to make one-time investments instead of a regular SIP does have its differences. Let's explore the nuances:

Cost Averaging: The primary benefit of SIPs is rupee-cost averaging, where you buy more units when prices are low and fewer when they're high. This averages out the cost of your investment over time.
Discipline: SIPs instill financial discipline as investments are automated. Transferring different amounts each month manually might not have the same level of discipline.
Compounding: Consistent investments, as in SIPs, allow for the power of compounding to work effectively over time.
Flexibility: While one-time investments offer flexibility in terms of the amount and timing, SIPs offer the benefit of automation, reducing the need for constant monitoring.
Tax Benefits: From a taxation perspective, both lump-sum and SIP investments in equity mutual funds held for more than a year qualify for Long Term Capital Gains (LTCG) tax, which is currently tax-free up to Rs 1 lakh per annum. However, SIPs provide a systematic approach to invest over time, which might be more tax-efficient.
In conclusion, while investing lump-sum amounts periodically can be effective, SIPs offer the benefits of cost averaging, discipline, and compounding. If you prefer the flexibility of varying your investments, consider a combination of both SIPs and one-time investments.

It's always advisable to consult with a Certified Financial Planner to tailor an investment strategy that aligns with your financial goals and risk tolerance.

Ans: yes

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Ans: Tata Chem ok for sip but a clear NO for LIC

Ans: In one shot

Ans: Hello & thanks for the email. As I understand it, you are about to receive Rs.85 Lakh in some time & are considering investing it into FD's & increase your SIP's.

Stepping up your SIP's is a good way achieve your goals faster. You can consider starting STP's from arbitrage funds into the schemes you have SIP's in.