Are SIPs ‘really’ responsible for lack of luxury car sales? It’s well known that the average SIP size of some of the biggest MF distributors in India is in the range of ₹2,000-3,000. Hence, for people looking to buy an entry level car and having SIPs of around ₹10,000-15,000 per month, it might really be a choice between buying a car or stopping the SIP.
Are SIPs ‘really’ responsible for lack of luxury car sales?
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