Business Description
SIP or Systematic Investment Plan or SIP mutual fund is one of the most searches by people on google. Many investors want to know about SIPs. Via SIPs you can become millionaires or billionaires by investing small amount monthly/ quarterly/ annually. In this article we’re going to discuss about SIPs in brief & how you can use this tool to create wealth over long-term.
An SIP or a Systematic Investment Plan allows an investor to invest a fixed amount regularly in a mutual fund scheme, typically an equity mutual fund scheme.
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. For example, if you are supposed to put a fixed amount every month in a mutual fund scheme, you need to find time to do it. When you have the time, you might be worried about market conditions and think of postponing your investments. Or you might be thinking of investing more if the mood is optimistic. SIP puts an end.
