Lump sum and Systematic Investment Plan (SIP) are two popular ways of investing in mutual funds. While lump sum involves investing a large amount at once, SIP allows investors to put in smaller amounts at regular intervals. In a lump sum investment, the money is fully invested immediately. This allows it to potentially grow faster if markets perform well. However, it also carries higher short-term risk. If the portfolio is exposed to market fluctuations from the start, returns can be disappointing. On the other hand, SIP involves investing smaller amounts regularly, such as monthly or weekly. This approach reduces risk by spreading investments over time. This can also help average out market ups and downs. ALSO READ: Equity Fund Inflows Slump 40% To Rs 22,908 Crore In May, Lowest In 2026 Both methods have their own benefits, risks and utilities. Investors with access to both may wonder how they can best maximise their returns. Whether lumpsum can work faster or...
A video of Indian Navy and Coast Guard personnel rescuing passengers of a ferry that sank near Mumbai after colliding with a naval speedboat shows people shouting for help as the boat slowly goes under water.
Thirteen people were killed and 99 were rescued. The navy craft whose engine was on a trial run lost control and collided with the passenger ferry that was going from the Gateway of India to Elephanta Island, a tourist spot.
"Search and Rescue efforts were immediately launched by the Navy in coordination with the Coast Guard and Marine Police. Four naval helicopters, 11 naval craft, one Coast Guard boat and three Marine Police boats were involved in the rescue efforts," the Navy said.
"The survivors picked up by Navy and civil craft in the area have been transferred to jetties and hospitals in the vicinity. So far 99 survivors have been rescued," it added.
Maharashtra Chief Minister Devendra Fadnavis told reporters in Nagpur that 101 persons have been rescued. He said he was deeply saddened by the loss of precious lives in the collision between the passenger ferry and the Indian Navy craft.
Mr Fadnavis declared financial assistance of Rs 5 lakh to the families of those who died in the accident.
from NDTV News- Special https://ift.tt/Rc5fQWv
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