systematic investment plan

Sip Investment

Sip Investment A Systematic Investment Plan (SIP) is a popular method for investing in mutual funds. It allows you to invest a fixed amount of money at regular intervals (weekly, monthly, or quarterly) instead of investing a large sum all at once. Here are some key features and benefits of SIPs: Disciplined investing: SIPs inculcate financial discipline by setting up an automated investment habit. Rupee-cost averaging: By investing at regular intervals, you purchase units at different market prices, which helps average out the cost per…