MYTH-62. THE MORE FREQUENT THE SIP, THE BETTER IT IS

1. Systematically investing your money in equity helps you average out your investment cost.
2. It thus helps you take advantage of the market's ups and downs. 
3. But some investors take this too far and think that increasing the frequency of SIPs helps you get better returns. 
4. So, if you do fortnightly, weekly or even daily SIPs, they think that's better than a monthly SIP.
5. Research has repeatedly proved that increasing the frequency of SIPs has no material impact on returns but it does increase the operational hassle on your part. 
6. A monthly SIP is the best way to benefit from market fluctuations while also keeping the paperwork in check.