This is an investment option, which helps the investor to invest in mutual funds regularly on a monthly basis. The minimum amount of investment in a mutual fund on SIP (systematic investment plan) can be as low as Rs.100 a month.
The benefits of investing in a systematic investment plan:
1. It creates the investment habit.
2. Participation in all market movements.
3. Avoids "timing the market."
4. Avoids "Greed" and "Fear."
The benefits of investing in a systematic investment plan:
1. It creates the investment habit.
2. Participation in all market movements.
3. Avoids "timing the market."
4. Avoids "Greed" and "Fear."
