Cons  of  Investing through  SIP

1. Effort to Set Up

Setting up and maintaining a SIP can require effort, especially with limited financial resources.

2. Time-Intensive

Building a SIP takes longer than a lump-sum investment since it occurs in installments over time.

3. Greater Risk

SIPs carry a risk of not achieving the same returns as a lump-sum investment, potentially leading to higher losses.

4. Less Flexibility

SIPs offer less flexibility in changing your investment strategy or exiting the market.

5. Potential Higher Costs

Unless using index funds, SIPs may have higher fees compared to direct investments in stocks and bonds.