Mutual funds have become one of the most popular investment avenues for individuals seeking professional management and diversification. Among the various investment approaches, Systematic Investment Plan (SIP) and Lump Sum investment are widely used by investors. SIP involves investing a fixed amount at regular intervals, whereas Lump Sum investment involves investing a large amount at one time. This study aims to compare the performance of SIP and Lump Sum investment strategies based on return analysis. The research evaluates the returns generated by these investment methods over a five-year period using financial measures such as XIRR and CAGR. The findings of the study indicate that SIP investments generate higher effective returns compared to Lump Sum investments. The results provide useful insights for investors to choose appropriate investment strategies based on return performance.