Systematic Investment Plan (SIP)

SIP has huge popularity in the current financial market as it is a facility that is offered by mutual funds to the investors that allows them to invest in a disciplined manner. Also, SIP provides you a facility to invest a certain fixed amount of money at pre-determined intervals in the selected mutual scheme.

Systematic Investment Plan is a better investment option as compared to Fixed Deposit due to its advantage of flexibility of investment, advantage of diversification, tax, benefits and higher rate of returns.