SIP vs LumpSum which one and why??

Hi,

Suppose I am planning to invest in ELSS plans and i already have the money which i need to invest.

So should i go for SIP or Lump sum? I have heard people talking and suggesting about the lump sum? But i have few questions.


SIP would be great option if you don't have the funds readily available.Otherwise i would keep track of the market and as i see the fund is performing bad I will just invest at the right time and make some profits rather then going for SIP where you keep investing and you profit margins average to poor results.


Kindly help me understand the benefits of SIP in terms of returns and profit, not ethics,discipline in investing and others.


Thanks :)

SIP vs LumpSum which one and why??