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12:15
etmoney.com
Systematic Investment Plan (SIP): Meaning, Benefits, How It Works
Read this article to know all about systematic investment plan (SIP), meaning, types, how it works, benefits, and how to start SIP plan online for free at ET Money.
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UNDERSTANDING MUTUAL FUNDS In this series, we will try to decode the meaning of some of the common mutual fund terms. #10_Systematic_Investment_Plan (SIP) – It is a mutual fund investment plan that helps you to create wealth, by investing a small sum of money on a monthly basis for a fixed period of time. In an S.I.P, a fixed amount of money (as recommended by investor) is debited periodically from the investor’s bank and is invested in a specific plan. One can start with an SIP investment with
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