scorecardresearchSIP works. But only when you invest the right SIP amount

SIP works. But only when you invest the right SIP amount

Updated: 27 Jul 2022, 12:54 PM IST
TL;DR.
  • Doing SIP only helps you achieve your financial goals when you invest the right amount and not just any amount.
Even stock SIPs can be done in varied stocks. Investing in a range of stocks can help investors achieve diversification and cut down the risk to some extent, albeit not in entirety.

Even stock SIPs can be done in varied stocks. Investing in a range of stocks can help investors achieve diversification and cut down the risk to some extent, albeit not in entirety.