Published : 16 June 2023
Fact: SIP is a good option for investors of all financial levels and investment objectives. The minimum investment amount to begin a SIP is Rs. 500 per month, and there is no maximum investment amount.
Fact: Even though markets are unpredictable, using a SIP can help you spread out your investment costs and lessen the risk of market volatility.
Fact: SIP is a flexible investment option that allows investors to redeem their investments at any time.
Fact: SIPs are ideally suited for many other investment options, including debt funds, hybrid funds, and index funds, in addition to equity mutual funds.
Fact: SIPs are a hassle-free investment option because they require little paperwork and documentation.