SIPs allow for disciplined and automated investing. They allow you to average out the cost of your investment, as you are allotted fewer units when prices are higher and higher units when prices are lower. Additionally, you can start SIPs with as little as Rs. 100 per month. Compounding will also work in your favour when it comes to long-term SIPs.
Why should I stay invested in Mutual Funds using SIP? Print
Modified on: Wed, 29 Nov, 2023 at 11:37 AM
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