Power of Compounding: SIP in mutual funds can be a parking spot for your money if you invest in a planned and strategic manner. It is a type of investment that allows investors to invest a fixed amount on a regular basis, depending on their financial capacity. This interval can be monthly, weekly, or yearly. The best part is that there's no lock-in period, and you can start investing with as low as Rs 500 per month. Furthermore, there's no maximum investment limit for SIP mutual funds as well.

Plus, it harnesses the power of compounding to create a snowball effect that helps your investments grow exponentially over time. Let's learn how.

Key benefits of SIP in mutual funds

- Power of compounding

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- Rupee cost averaging

- Risk tolerance

SIP mutu

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