SIP (Systematic Investment Plan): Invest small amounts periodically, promoting discipline and rupee cost averaging. Lump Sum: Invest a large amount at once, suitable for those with significant capital.

NAV (Net Asset Value) represents the per-unit value of a mutual fund. It is calculated as: NAV= (Total Assets - Total Liabilities​) / Number of Units

Benefits of Mutual funds are: Diversification: Reduces risk by investing in a mix of assets. Professional management: Managed by experts with market experience. Liquidity: Easy to buy and sell. Accessibility:…