Reasons To Do An SIP
Brings In Discipline : Investing on a pre-set date every month, makes you set aside fixed sum of money to invest and gradually turns you into a disciplined investor.
Rupee Cost Averaging : You get more units when the markets go down and less when it goes up. Thus you average out the cost of buying mutual fund units.
Power Of Compounding : The longer you stay invested, more is the benefit of compounding. It is like earning interest on interest. Hence start an SIP early & enjoy the power of compounding.
Convenience : SIP offers convenience since you invest a small amount periodically without affecting your household budget.
No Need To Time : The Market Investing through SIP helps you avoid timing the market.
Helps in Achieving Financial Goals : SIP is a smart tool that helps break your big goals into small amounts. Just ascertain the investment amount & start investing regularly through a SIP to achieve your dreams
Flexibility To Select Investment Frequency : Select an investment frequency based on your convenience and need.