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Pune (Maharashtra) [India], October 13: Planning for long-term goals such as retirement, a child's education, or buying a house often requires discipline and regular investing. One-way investors may approach this is through a Systematic Investment Plan (SIP). It allows you to invest a fixed amount regularly in mutual funds, helping you build wealth gradually over time. Before you decide to invest in SIP, it's helpful to understand how it works, its benefits, and the factors you may consider for long-term financial planning.

Understanding what SIP means

A Systematic Investment Plan is a structured approach where you commit to investing a specific amount at regular intervals, monthly, quarterly, or semi-annually, into a mutual fund scheme. When you invest in SIP, your contribut

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