Systematic Investment Plan (SIP) is an investment plan that enables you to invest a fixed amount in a mutual fund scheme at fixed intervals. SIPs come with 5 prime benefits 1. Investment discipline Timing the market calls for market knowledge, research and analysis. Through SIPs you can invest a pre-determined amount each month without hassles. 2. Small investments You can start from a small sum as low as Rs. 500, invested regularly to accumulate wealth. 3. Benefits of compounding The earlier you start saving, the faster your money multiplies. A small amount of money invested regularly can grow to a large sum which includes your own contribution, plus returns compounded over the years. 4. Simple and convenient You do not have to take time out to make your investments. The SIPs are automatically debited from your account through post-dated cheques or online instructions. 5. Flexibility of investments You can enjoy investing on a weekly, fortnightly or monthly basis as per your convenience. start Investing
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