New Delhi, May 2 -- SIP vs home loan prepayment- what's better? Here's what AI answered, which was surprisingly logical.

I asked ChatGPT: "We are a married couple and have one child. I am 40 and my wife is 38. Our combined monthly income is Rs.2.5 lakh. We took a Rs.1 crore home loan at 9% for a 25-year tenure and our monthly EMI is Rs.83,920. We also have two mutual fund SIPs of Rs.20,000 each in two different funds. Our child's monthly expenses are up to Rs.30,000, car loan EMI is Rs.15,000. About Rs.60,000 is our monthly expenses for utilities, househelp, etc. The remaining amount, we prefer keeping liquid for unexpected expenses. Our annual bonus comes out to be around Rs.2 lakh. Will it be a good Idea to cut down on the SIP and fini...