A SIP is a method of investing a fixed amount at regular intervals in an eligible mutual-fund scheme.
How it works
Regular contributions buy units at the applicable NAV. More units are bought when NAV is lower and fewer when it is higher.
No guarantee
SIP does not guarantee profits or remove market risk. It is a contribution method.
Choose the fund first
Evaluate objective, risk, costs, benchmark and portfolio instead of selecting a fund simply because SIP is available.
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