SIP, defined as Systematic Invest Plan, is a vehicle offered by mutual funds to help you invest regularly. Just like a recurring deposit with the post office or bank you can increase your mutual fund holding by adding a preset amount (as small as Rs. 500) via an SIP. The frequency of investment is usually monthly or quarterly.
How SIP Works?
Now take a look how some funds performed when invested SIP way in last 3 years
Isn’t it amazing!
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