A Systematic Investment Plan, commonly called SIP, helps investors contribute a fixed amount regularly into mutual funds. This can support disciplined investing and reduce the pressure of timing the market.
Why SIP is Useful
- It encourages regular saving.
- It can support long-term wealth creation.
- It allows investors to start with manageable amounts.
- It helps average purchase cost over time.
SIP investments are market-linked and should be selected according to risk profile, goal and time horizon.
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