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A SIP, or systematic investment plan, is a financial planning tool that enables investors to make fixed periodic investments in a variety of financial products, such as mutual funds. SIP entails making smaller recurring payments as opposed to lump-sum investments, which involve investing a sizable sum all at once. In addition to making investing more inexpensive, this lessens the effect of market volatility on the entire investment.<br>To know more about SIP, please visit https://www.bajajfinserv.in/investments/what-is-sip
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What Is SIP? A Smart and Convenient Investment Option
What is SIP? Mutual funds provide the investment technique known as the Systematic Investment Plan. It enables investors to make a set, recurring investment in the mutual fund scheme of their choice. SIPs give you the option to invest smaller sums more frequently, such monthly or quarterly, as opposed to everything at once.
How does SIP work? A particular number of units in the selected investment vehicle are allotted to a person when they begin a SIP based on the current Net Asset Value (NAV). Regardless of whether the market is rising or falling, the money put in the SIP is used to buy units at regular intervals. The idea of "Rupee Cost Averaging" guarantees that investors receive more units during periods of market weakness and less units during periods of market strength, ultimately resulting in superior returns over time.
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