SIP INVESTMENTS
“An investment in knowledge pays the best interest.”
– Benjamin Franklin
Systematic Investment Plan Benefits:
SIP , also known as Regular Savings Plan (RSP) in some countries, allows you to invest a fixed amount at pre-defined frequencies in mutual funds. A bank/post office recurring deposit is the only other investment option that is similar to SIP. There are basically two options that an investor could take when they are making investments, one would be to invest a lump sum into mutual funds and the other would be to invest using an SIP
- Get financial discipline in life
- Can start Investing with a small amount
- Stay invested irrespective of market conditions
- Cost averaging brings down purchase cost
- Enhance possibilities of better returns