Investment
SIP
Also known as: Systematic Investment Plan
Systematic Investment Plan - Regular investment method in mutual funds for rupee cost averaging.
Detailed Explanation
SIP (Systematic Investment Plan) is an investment method that allows investors to invest a fixed amount regularly in mutual funds. It helps in averaging out market volatility through rupee cost averaging and instills investment discipline. SIPs can be started with as low as ₹500 per month.
Related Calculators
SIP & Lumpsum Calculator
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Goal Planner (Education/House)
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