A Systematic Investment Plan (SIP) is a plan that lets you invest specific amounts of money at regular intervals to gradually build a large corpus. By investing in a SIP, your investments get disciplined. Also, since you are investing regularly, the setbacks to your investments when markets are low get balanced by your investments’ gains when the market is high. And as you gain returns and keep investing higher amounts during the investment tenure, your returns keep multiplying and growing.
No comments:
Post a Comment