Should I stagger Mutual Fund SIPs over various dates in a month

There is no data which shows that if you invest through SIPs on different dates the returns would be higher. However, we have found that many investors do stagger their SIP auto debit dates in a month anticipating benefit from different NAVs in a month.

Many AMCs have also introduced weekly SIPs.

However, we feel that one should keep it simple. If your SIP is for the long term, investing the entire amount on one date or multiple dates would not make much difference.

Thanks for writing to Advisorkhoj and here wishing you long term investing success through SIPs.