What is SIP & How Systematic Investment Plan(SIP) Works?
What is SIP & How Systematic Investment Plan(SIP) Works?
Oct 24, 2019
groww.in
Systematic Investment Plan, or SIP, is one of the simplest and most disciplined ways to start investing. Instead of putting in a large amount at once, SIP lets you invest a small, fixed amount every month — helping you build a strong financial habit. Think of it like saving regularly but with the added advantage that your money grows over time through the power of compounding. With SIP, you get: ✅ Discipline and consistency ✅ Convenience and flexibility ✅ Long-term wealth creation ✅ No stress of
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Understanding SIP vs Step-up SIP! A SIP (Systematic Investment Plan) allows you to invest a fixed amount regularly —iinto mutual funds. It’s a disciplined way to build wealth over time. But what if you increase that amount every year? That’s where a Step-up SIP comes in. ➡️ SIP: Same investment amount every month ➡️ Step-up SIP: Investment amount increases annually (e.g., by 10%) Disclaimer: This post is intended for general and educational purposes only and should not be considered as investmen
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