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Showing posts from September, 2022

How to get started with SIP investment

Over the past few years, investing in mutual funds through the Systematic Investment Plan has grown in popularity. This is due to the fact that they let you spread out your risk and amass long-term riches by investing little sums on a regular basis for however long you require. However, it's crucial to understand what a SIP is and how to begin your SIP investment journey before deciding to participate in a SIP mutual fund. By doing this, you'll develop a sound investing habit that will help you manage your risks, invest your money wisely, and eventually reach your financial objectives. In this article, we will discuss further what SIP is and how to get started with it.   What is SIP ? The Systematic Investment Plan , or SIP , is essentially a method of investing in mutual funds. It is a long-term investing strategy that typically lasts between 10 and 15 years, and investors can make sporadic monthly or quarterly investments. The risk factor that depends on the market is t