A Systematic Investment Plan (SIP) is a disciplined way to invest a fixed amount of money at regular intervals (weekly, monthly, or quarterly) in mutual funds or ETFs.
Is SIP suitable for beginners?
Yes, SIP is ideal for beginners because it’s affordable, reduces market timing risks, and builds financial discipline. Because SIP average out your buying price whether market is bullish or bearish.
Can I invest in multiple SIPs?
Yes, you can run multiple SIPs in different assets based on your goals. Recommended Assets are gold and Etfs.
How long should I invest in SIP?
For best results, SIPs should be continued for at least 3–5 years or more to benefit from compounding and reduce short-term volatility. For creating wealth try 10-30 year.