Creating wealth does not require a lump-sum investment anymore. SIP is the smarter way to invest as it gives you the flexibility to invest a certain fixed amount over a defined period periodically.
What is SIP?
simply called a Systematic Investment Plan. A mutual fund industry tool that helps you invest in small amounts regularly in a disciplined manner, without disrupting your monthly budget.
Reason to start SIP ?
It is an effective method of achieving your goals by breaking-up your big life dreams into smaller, more achievable goals. You can invest as little as ₹100.
Benefits of SIP:
SIP also helps in arresting the ambiguity related to market-timing. so more units can be purchased when the market is low and vice versa. Thus, averaging out your buying.
Inculcates Financial Discipline
Timely investments make you set aside a fixed amount, which helps you become a disciplined investor.
Power of Compounding
The longer you stay invested, the better is the scope to earn higher returns. Start a SIP early to enjoy the power of compounding.
No need to time the market
SIP investment helps you to do away with the stress of timing the market.
Rupee Cost Averaging
Benefit from investing via SIP as it helps in purchasing more units when the market goes down. Thus, averaging out the cost of buying.
Helps in achieving financial goals
It’s a smart investment tool that helps you in achieving your financial goal through small fixed investments that suit your wallet. All you have to do is ascertain the investment amount and start investing