What is an SIP? How to start an SIP?

SIP is a way of investing in the market in small installments instead of a big amount at once.

SIP also known as Systematic Investment Plan is a way of investing a small amount on a fixed date every month, week, or even a day.

Example:

Sanjay ji has a Kirana shop. He doesn't understand the stock market but he wants to invest and earn from it.

- Sanjay ji can afford to invest Rs. 500/month.

- He goes to an expert. He opens his account in the stock market and starts investing his Rs. 500 on the 5th of every month.

Where is his money getting invested will be taken care by professionals in the form of mutual funds. Sanjay Ji now can focus on his Kirana shop while his money works for him in the market.

As simple as that.

If you want to be as happy as Sanjay Ji, Open a mutual fund account today and get free expert advice and guidance. Click here to open an account.

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