I have seen this question multiple times in a lot of platforms that which is the better frequency to invest in SIP or Syatematic Investment Plan. And that's why I came up with this video where I have gone through 2 most important ETFs in India, Niftybees as well as Bankbees.
So what I have done is that I have calculated simulating investing 20K per month using all the three frequency I.em daily, weekly and monthly and then calculated the XIRR. So in case of monthly I have invested 20K at the last trading day of the month. In case of daily I have invested around 1K per day and in case of weekly, I have invested 5K per month.
What I found out that one frequency gives the good returns when I have tested for 5 years and I am not gonna reveal it and you have to watch the video to find out. But along with that I have also found out one more strategy which gives good returns too. Now if you are investing your money using any frequency in SIP and along with that if you invest some money whenever the market goes down by 1% then what would happen.
I have also simulated that in this video where we will buy the ETF using the SIP and along with that we will also buy when the market goes down by more than 1% and got the result of that data too. Now I have got an interesting result from it. Mind it this is done only for buy and hold. I will also do the 6% profit booking scenario to see what would be the XIRR using the same method. So this is an interesting project I am actually doing where using the data we can fund out which is the best frequency for SIP to invest in.
https://youtu.be/-GofKkWExPc