In mutual funds, SIP stands for Systematic Investment Plan. It is a method of in a mutual fund scheme. Under the SIP approach, investors can choose a fixed investment amount and a periodicity (such as monthly, quarterly, or weekly) for investing in the mutual fund. These regular investments can help investors reduce the impact of market volatility by utilizing a concept called rupee cost averaging. In a volatile market, the fixed investment amount allows investors to buy more units when the market falls and fewer units when the market rises. for more info visit https://www.fundsindia.com/mutual-funds-calculator
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