What is SIP?
Systematic Investment Plan (SIP) is a method of investing in
mutual funds where you invest a fixed amount regularly
(monthly/quarterly). It promotes disciplined investing and helps
average out market volatility through rupee cost averaging.
Power of Compounding
SIP leverages the power of compounding, where your returns
generate additional returns over time. The longer you stay
invested, the more significant the compounding effect becomes,
helping your wealth grow exponentially.
Benefits of SIP
SIP offers disciplined investing, rupee cost averaging,
flexibility to start with small amounts, professional fund
management, and the potential for higher returns compared to
traditional savings. It's ideal for long-term wealth creation.
Important Note
Past performance is not indicative of future returns. The actual
returns may vary based on market conditions and the mutual fund
scheme chosen. These calculations are for illustrative purposes
only. Consult a financial advisor before investing.