1. Today many variants of SIPs are available that allow you to vary your investment as per some determinant.
2. For instance, one type of SIP allows you to reduce your investment amount in a rising market and increase it in a falling market, thus helping you invest more when the stocks are cheaper.
3. In theory, complex SIP methods do look promising, but in practice, however, they may cause many hassles which are not easily foreseen.
4. For instance, the SIP described above can result in a lower accumulated corpus should the markets rally and greater financial strain should the markets decline for a prolonged period.
5. Research suggests that the SIPs in their simple, original form are the best way, both in terms of returns and ease of doing.
6. Hence, don't try to complicate your SIPs and stick with simplicity.