What is SIP?

It’s the most famous method of investing in mutual funds. SIP is a disciplined investment method where a fixed amount of money is invested regularly. The biggest advantage is building a huge corpus by making small initial investments. It can generate higher returns than traditional investments like fixed deposits, PPF, etc. When you invest via SIP, you receive units of a mutual fund scheme; hence, when you regularly invest, you benefit from rupee cost averaging.
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