SIP or Systematic Investment Plan

SIP is a mere tool that helps you to invest regularly in a mutual fund schemes, mostly in equity mutual fund schemes. An SIP helps you to stagger your investments in equity mutual fund schemes over a period.a better way to invest in equity mutual funds and avoid catching the market at a certain level. Also, it is a convenient tool for salaried investors to regularly invest in mutual funds.

Why should you SIP?
One, it imparts financial discipline to your life. Two, it helps you to invest regularly without wrestling with market mood, index level, etc.