What is SIP? A Beginner’s Guide
Investing your money can be overwhelming, especially if you’re new. A Systematic Investment Plan (SIP) is one of the easiest ways to start investing in mutual funds . With SIP, you invest a fixed amount every month , no matter what the market is doing. Over time, your money grows thanks to compounding , which means your returns generate even more returns. Why SIP is Ideal for Beginners Small Monthly Investment: You don’t need a large amount to start. Even ₹500–₹1000 per month works. Disciplined Investing: By investing regularly, you develop a habit of saving and investing. Reduces Market Timing Risk: You invest in small amounts over time, avoiding the risk of investing all at once. Long-Term Wealth Creation: With consistent investment, your corpus can grow substantially over years. Key Tips for SIP Success Start as early as possible Choose a fund that matches your goal Stay invested for the long term Increase your SIP gradually...
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