Lumpsum investment is a method of investment in mutual funds wherein you invest a big chunk of money in one go. If you have a large corpus of cash, received a bonus, or made any cash gains, you can use the lump sum method. But you need to be mindful of the market timings while doing lumpsum investments. However, there are certain mutual funds that can be used for lumpsum investments.
By carefully selecting the right mutual fund for lumpsum investment, you can diversify your portfolio and optimize your returns in the long term. But with the multiple mutual funds available in the market, how can you identify the best scheme that fits your requirements?
In this blog, we’ll explore some of the top mutual funds suitable for lump-sum investment and the key factors to consider while choosing a mutual fund.
