First Published: 04 Jan 2023, 09:26 AM IST
What are the benefits of Systematic Investment Plan?
Updated: 04 Jan 2023, 09:26 AM IST
TL;DR.
Systematic Investment Plan (SIP) is an investment strategy that allows investors to invest small amounts of money on a regular basis. It helps to spread the risk across different market cycles and provides access to a wide range of investment options. SIPs are convenient, cost-effective, and require less time and effort to set up and manage.
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