SIP is an investment approach where individuals regularly invest a fixed amount in mutual funds, providing long-term benefits through disciplined and automated investments.
SIP allows investors to diversify their portfolio by investing in different mutual funds across various asset classes, reducing the risk associated with a single investment.
SIP enables investors to align their investments with specific financial goals, such as retirement planning, education funds, or purchasing a house, helping them achieve their objectives systematically.
SIP is easily accessible to all individuals, regardless of their investment knowledge or experience, making it an ideal investment avenue for beginners and seasoned investors alike.