
SIP
A Systematic Investment Plan (SIP) is a method of investing a fixed amount at regular intervals in mutual funds. It helps investors build a habit of consistent investing without the need to time the market. By investing regularly, SIPs spread the cost of investment over time, which may help reduce the impact of market volatility through rupee cost averaging. SIPs are often used as a tool for long-term financial planning and goal-based investing. While returns are not guaranteed, the disciplined approach of SIPs allows individuals to accumulate wealth gradually and stay invested through various market cycles.
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