{"id":8488,"date":"2025-01-23T10:17:56","date_gmt":"2025-01-23T10:17:56","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=8488"},"modified":"2025-10-15T13:04:12","modified_gmt":"2025-10-15T13:04:12","slug":"which-date-to-select-for-monthly-sip","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/which-date-to-select-for-monthly-sip\/","title":{"rendered":"Which Date to Select for Monthly SIP?"},"content":{"rendered":"\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><nav><ul><li class=\"\"><a href=\"#successful-sip-the-smart-investors-choice\">Successful SIP: The Smart Investor\u2019s Choice!<\/a><\/li><li class=\"\"><a href=\"#key-findings\">Key Findings<\/a><ul><li class=\"\"><a href=\"#minimal-return-difference\">1. Minimal Return Difference:<\/a><\/li><li class=\"\"><a href=\"#practical-recommendation\">2. Practical Recommendation:<\/a><\/li><li class=\"\"><a href=\"#myth-of-volatility-advantage\">3. Myth of Volatility Advantage:<\/a><\/li><\/ul><\/li><li class=\"\"><a href=\"#conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p>Investors often wonder whether selecting a specific date for their <a href=\"https:\/\/navia.co.in\/blog\/which-one-to-choose-for-sip-mutual-funds-or-etf\/\">Systematic Investment Plan (SIP) <\/a>can impact long-term returns. Common suggestions include choosing dates around the start, middle, or end of the month, or even near the monthly <a href=\"https:\/\/navia.co.in\/open-options-trading-account\">Futures &amp; Options (F&amp;O)<\/a> expiry, when market volatility tends to be higher. But does timing the monthly SIP date truly matter?<\/p>\n\n\n\n<iframe class=\"custom-video\" src=\"https:\/\/www.youtube.com\/embed\/hZBHVtMkd2o?si=MXs6GQtOy7QJvIjN\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n\n\n\n<p>A long-term analysis of 10-year rolling returns for SIPs in the BSE Sensex TRI from September 1996 to May 2024 reveals minimal differences in returns based on the <a href=\"https:\/\/navia.co.in\/blog\/which-sip-frequency-to-select\/\">SIP<\/a> date.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Monthly SIP Date<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">XIRR (%)<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">Monthly SIP Date<\/mark><\/strong><\/td><td><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ec4d37\" class=\"has-inline-color\">XIRR (%)<\/mark><\/strong><\/td><\/tr><\/thead><tbody><tr><td>1<\/td><td>15.63%<\/td><td>16<\/td><td>15.60%<\/td><\/tr><tr><td>2<\/td><td>15.62%<\/td><td>17<\/td><td>15.62%<\/td><\/tr><tr><td>3<\/td><td>15.61%<\/td><td>18<\/td><td>15.61%<\/td><\/tr><tr><td>4<\/td><td>15.59%<\/td><td>19<\/td><td>15.60%<\/td><\/tr><tr><td>5<\/td><td>15.59%<\/td><td>20<\/td><td>15.62%<\/td><\/tr><tr><td>6<\/td><td>15.57%<\/td><td>21<\/td><td>15.62%<\/td><\/tr><tr><td>7<\/td><td>15.57%<\/td><td>22<\/td><td>15.62%<\/td><\/tr><tr><td>8<\/td><td>15.57%<\/td><td>23<\/td><td>15.63%<\/td><\/tr><tr><td>9<\/td><td>15.56%<\/td><td>24<\/td><td>15.62%<\/td><\/tr><tr><td>10<\/td><td>15.56%<\/td><td>25<\/td><td>15.63%<\/td><\/tr><tr><td>11<\/td><td>15.57%<\/td><td>26<\/td><td>15.62%<\/td><\/tr><tr><td>12<\/td><td>15.58%<\/td><td>27<\/td><td>15.62%<\/td><\/tr><tr><td>13<\/td><td>15.60%<\/td><td>28<\/td><td>15.61%<\/td><\/tr><tr><td>14<\/td><td>15.61%<\/td><td>&#8211;<\/td><td>&#8211;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>10 Years Average SIP Return (% XIRR) on Daily Rolling Basis for particular date of the month for BSE Sensex TRI between September 1996 to May 2024.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-white-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/navia.co.in\/app.html\" style=\"background-color:#ec4d37\"><strong>Get Navia APP<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-e6b714783a1d7bc1d3546cf8851a0263\" id=\"successful-sip-the-smart-investors-choice\" style=\"color:#023368\">Successful SIP: The Smart Investor\u2019s Choice!<\/h2>\n\n\n\n<p>A successful SIP is more about&nbsp;<strong>\u201cStarting Early\u201d<\/strong>, maintaining the discipline of&nbsp;<strong>\u201cInvesting Regularly\u201d<\/strong>, investing for the&nbsp;<strong>\u201cLong Term\u201d<\/strong>&nbsp;to achieve our&nbsp;<strong>\u201cFinancial Goals\u201d<\/strong>&nbsp;and less about \u201cWhich Date\u201d, \u201cWhich Frequency\u201d, \u201cAt what stage of the Market Cycle\u201d etc.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/navia.co.in\/\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"270\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-11-1024x270.png\" alt=\"SIP\" class=\"wp-image-8492\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-11-1024x270.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-11-300x79.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-11-150x40.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-11-768x203.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-11.png 1141w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-fdfdf74c5f120f0fb7134209665f6671\" id=\"key-findings\" style=\"color:#023368\"><strong>Key Findings<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-7a95f8709725d3b35c6b07656cbef124\" id=\"minimal-return-difference\" style=\"color:#ec4d37\">1. <strong>Minimal Return Difference:<\/strong> <\/h3>\n\n\n\n<p>The variation in 10-year <a href=\"https:\/\/navia.co.in\/blog\/large-cap-mid-small-cap-sip-long-term-investing\/\">SIP returns<\/a> across different dates is negligible. The maximum XIRR is 15.63% (SIPs on the 1st or 23rd), while the minimum is 15.56% (SIPs on the 9th or 10th), reflecting a mere 0.07% difference over a decade.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-bc826e59c2c6a6f8460073c013daaf94\" id=\"practical-recommendation\" style=\"color:#ec4d37\">2. <strong>Practical Recommendation:<\/strong><\/h3>\n\n\n\n<p><strong>Consistency Over Timing:<\/strong> Investors should focus on consistency rather than trying to time the SIP date.<\/p>\n\n\n\n<p><strong>Best Practice:<\/strong> Choose a date close to when funds are credited to your bank account, such as salary credit day, ensuring no missed SIP installments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-color has-link-color wp-elements-a194b394f04f58a66786ee0380bc5412\" id=\"myth-of-volatility-advantage\" style=\"color:#ec4d37\">3. <strong>Myth of Volatility Advantage:<\/strong><\/h3>\n\n\n\n<p>The assumption that investing near the F&amp;O expiry date (last Thursday) may lead to better returns due to volatility is not supported by data.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/navia.co.in\/app.html\"><img decoding=\"async\" width=\"1024\" height=\"149\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-9-1024x149.png\" alt=\"\" class=\"wp-image-8434\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-9-1024x149.png 1024w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-9-300x44.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-9-150x22.png 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-9-768x112.png 768w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/image-9.png 1028w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-text-color has-link-color wp-elements-d1dcf5c334b19aa210210450a6ed3606\" id=\"conclusion\" style=\"color:#023368\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p>The long-term data demonstrates that the specific date for an <a href=\"https:\/\/navia.co.in\/blog\/sip-growth-in-india\/\">SIP<\/a> has little impact on returns. The critical factor is <strong>investing regularly and consistently<\/strong>, not chasing an optimal date. Whether you invest on the 1st, 15th, or 28th of the month, the returns tend to converge over time, emphasizing the principle that <a href=\"https:\/\/navia.co.in\/blog\/time-the-market-matters-more-than-timing-market\/\"><strong>time in the market<\/strong> outweighs <strong>timing the market.<\/strong><\/a><\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>Do You Find This Interesting?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-ad2f72ca wp-block-group-is-layout-flex\">\n<p>We\u2019d Love to Hear from you-<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\"><img decoding=\"async\" width=\"300\" height=\"64\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button.png\" alt=\"\" class=\"wp-image-8335\" style=\"width:300px;height:auto\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button-150x32.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<p><strong>DISCLAIMER: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Brokerage will not exceed the SEBI prescribed limit.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors often wonder whether selecting a specific date for their Systematic Investment Plan (SIP) can impact long-term returns. Common suggestions include choosing dates around the start, middle, or end of the month, or even near the monthly Futures &amp; Options (F&amp;O) expiry, when market volatility tends to be higher. But does timing the monthly SIP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[209],"tags":[12,11,7,21,117,449,439,441,369,32],"class_list":["post-8488","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds","tag-etfs","tag-financial-goals","tag-indian-stock-markets","tag-investments","tag-sip","tag-sip-date","tag-sip-frequency","tag-sip-growth","tag-sip-guide","tag-wealth-creation"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Which-Date-to-Select-for-Monthly-SIP.png","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/8488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=8488"}],"version-history":[{"count":21,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/8488\/revisions"}],"predecessor-version":[{"id":13960,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/8488\/revisions\/13960"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/8498"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=8488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=8488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=8488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}