Key Points
SIPs or systematic investment plans are the preferred way of investing in equity mutual funds for most investors..
Of course, it is the easiest and perhaps the only proven way to create wealth over a long period of time..
We considered pure equity schemes such as large cap, mid cap, small cap, large & mid cap, multi cap, and flexi cap schemes..
However, mid cap, multi cap, large & mid cap schemes are recommended to aggressive investors with high risk appetite as they invest in mid cap stocks..
Note, the purpose of this exercise is to tell readers that if they invest a small amount of money regularly over a period of time in the stock market, they can create wealth to take care of their long-term goals...