SIP is the short form for Systematic Investment Plan. It is a method of investing in mutual funds where you invest a fixed amount regularly, such as every month. The money invested is used to buy units of the selected mutual fund scheme. When the price is low (market is down), you get more units, and when the price is high (market is up), you get fewer units. SIP helps average the cost of your investment and build wealth in long term.

SIP can be started with as low as ₹500/month. SIP:

• Is best suited for individuals with regular income
• Builds investing habit and discipline
  
  
• Helps in rupee-cost averaging during volatile market (ups and downs)
  
  

Reduces timing risk