SIP

Systematic Investment Plan is a tool that helps you to create long term wealth, by investing a fixed amount at regular intervals. A systematic investment plan or SIP is the most popular way of investing in a 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. SIP can be the best investment option if you do not possess superior financial knowledge about the way the market moves. It helps in investing in a disciplined manner without worrying about market volatility and timing the market.