Published Paper Details:

In this paper, we looked at how investing in mutual funds through a Systematic Investment Plan (SIP) can gain traction and increase the percentage of income. Investigations are also conducted to determine what percentage of bank customers invest in mutual funds, particularly through SIP, with a focus on HDFC Bank, Shyambazar Branch, Kolkata, India. In the current analysis, we discovered that people with higher incomes tend to take more risks, and that service holders prefer investments in fixed deposits, bonds, and post offices, whereas businessmen prefer the equity market. Our current mathematical analysis has also established that the risk of investing through a Systematic Investment Plan (SIP) is expected to be lower than that of investing in mutual funds in a lump sum. As a result, SIP appears to be a safer and more beneficial mode of investment for small investors, and in a larger context, it appears to be beneficial for large investors as well. Our sample study also indicates that young investors prefer mutual fund investments and SIPs more than older investors