5 reasons to do a Systematic Investment Plan (SIP)

A Systematic Investment Plan (SIP) is tool provided by Mutual Funds that helps you invest systematically at a pre-defined frequency.

1. Aims to achieve Financial Goal:- SIP is convenient and disciplined way to approach investments. Pre-decide the investment amount and start investing regularly through an SIP to achieve your financial goal.
2. Brings in Discipline :- Invests on a pre-set date every month, makes you set aside fix sum of money to invest and gradually turns you into disciplined investor.
3. Rupee Cost Averaging :- You can accumulate more units when markets go down and less when it goes up. Thus you average out the cost of buying mutual fund units.
4. Power of Compounding :- The longer you stay invested, more is the benefit of compounding. Hence consider to start an SIP early and enjoy the power of compounding.
5. Market Time :- Investing through SIP helps you to avoid timing the market by investing in regular and disciplined way.

SO MAKE THE MOST OF EVERY INVESTMENT WITH AN SIP.