10 Advantages of SIP – Systematic Investment Plan
1) Reduces Risk: Fixed investments every month in mutual funds makes volatility in the market irrelevant. 2) Disciplined Savings: It makes, one more disciplined in one’s savings as one gets habituated to save & invest regularly. 3) Power of Compounding: The concept of compounding interest generates higher returns on investments. 4) Rupee Cost Averaging: SIP … Read more