SYSTEMATIC INVESTMENT PLANS
Systematic Investment plans (SIPs) are simple and effective mode of investing in mutual funds and does away with the need of timing the market. The SIP Investment process involves the customer investing a certain pre-determined amount in a specific mutual fund scheme on a regular basis – be it weekly, monthly, quarterly etc.
- Disciplined savings
- Power of compounding
- Easy and convenient
- Controls volatility risks
- Helps beat inflation
- Small investment amount