• It can be done using both the SIPs depends on the person. • If the person has time to analyze and can follow the quarterly results. Then going for equity SIPs should not be a problem. • If it is felt that there is a lack of time and have plans to hire the fund manager on his/her behalf. Then Mutual Fund SIP should be good. • It is always recommended to the retail investor to start the investment in Mutual Fund SIPs. Slowly the person would be informed investor. • Need to start reading news about the market also need to understand about the businesses. From there you can make initial portfolios.