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Systematic Investment Plan (SIP) lets you invest a fixed amount regularly in mutual funds, helping build wealth over time.
Rupee cost averaging reduces the impact of market fluctuations by buying more units when prices are low and fewer when high.
Invest a fixed amount regularly, and it’s automatically deducted and invested in your chosen mutual fund.
Pick a fund that aligns with your goals, risk tolerance, and investment horizon (equity, debt, hybrid).
Open a mutual fund account, complete KYC, and set up SIP through an AMC or online platform.
Choose a fund, decide the investment amount and frequency, and link your bank account for automatic transfers.
Regularly check your SIP’s performance and adjust the investment amount or fund choice as needed.