Investors are sighing with relief that the markets are up again after a frightening plunge. Those who have been in the market from the early days of the bull run are happy to have sat through the trough.
One class of investors who benefited from the fall are mutual fund SIP investors. They picked up the lows by default and averaged their costs down. Implementing a discipline in investing through mechanical tools is as old as investing itself.
Its merits shine through during periods of volatility, when decision-making becomes tough. The realm of quant-based investing extends beyond the SIP and is growing rapidly.