Investing in Mutual Fund requires investors to be patient and disciplined, as these qualities help in achieving the financial goals and allows the investment to grow. It is necessary to invest regularly and in amounts that is feasible for the investor, as this nurtures ‘discipline’ within the investor. Not necessarily, but sometimes new investors begin their investment journey by investing lump-sum amount; and then they may find it difficult to invest and may avoid investing at all. Systematic Investment Plan is a facility that allows investors to invest in a Mutual Fund scheme regularly in fixed amounts. This could really affect the goals they wish to achieve. In the case of ‘patience’, investors need to understand that wealth creation takes time and is not an instant process. If investors are susceptible to volatile market conditions, then they could chose to invest in Equity-Linked Saving Scheme (ELSS) ** which locks the investments for a minimum of 3 years and comes with a tax saving advantage u/s 80C. This will help the investor to develop patience, prevent panic selling along with saving tax.