Tactical Strategy
Trigger SIP: How to Automatically "Buy the Dip"
Want to invest more money only when the stock market is bleeding? A Trigger SIP allows you to set rules for when your money gets invested.
1. What is a Trigger SIP?
Instead of investing on a fixed date (like the 5th of every month), a Trigger SIP executes an investment only when a certain condition is met.
For example: "Invest ₹5,000 every time the Nifty 50 drops by 2%."
2. Pros and Cons
Pros
Guarantees that you buy units at a cheaper NAV, potentially boosting your long-term returns compared to a blind monthly SIP.
Cons
In a raging bull market, your trigger might not hit for months, leaving your cash sitting idle in a bank account while the market rallies without you.