Mutual Fund Through SIP
What is SIP?
Systematic Investment Plan, commonly referred to as an SIP, allows you to invest a small sum regularly in your preferred mutual fund scheme. By activating an SIP, a fixed amount is deducted from your bank account every month, which gets invested in the mutual fund of your choice.
Unlike a lump sum investment, you spread your investment over time with an SIP. Therefore, you don’t need to have a large amount of money to get started with your mutual fund investment through SIPs. By investing via an SIP, you are forced to set aside a sum at regular intervals, which help you instil a sense of financial discipline in the long run.
Benefits Of Investing In Mutual Funds Via An SIP
With an SIP, you can get started with your investment with a small amount and reap significant returns in the long run. It’s simple and the most convenient way of investing in mutual funds. It also brings financial discipline.
Convenience
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Rupee Cost Averaging
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Power of Compounding
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2x Higher returns than RD
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Start with as low as Rs 100 a month
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Become a disciplined investor
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Acts as an Emergency Fund
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