Glossary Mutual Fund / Term
Lumpsum refers to a single, one-time payment made at the start of the investment which completes the concerned transaction. There are primarily two ways to make an investment – lumpsum and periodic installments (also known as SIP in mutual fund parlance). Lumpsum payments are preferred by individuals who have high risk appetite in addition to availability of necessary disposable income.
Permanent link Lumpsum - Creation date 2020-05-23