An SIP or a systematic investment plan lets you invest money regularly. The power of compounding then helps to grow this fund to a significant corpus over time....
A systematic investment plan follows the simplest procedure where a fixed sum gets deducted from your account automatically....
SIP is offered by mutual funds to invest in a structured time-bound manner....
Opting for a liquid fund or an ultra short debt fund depends on the excess cash you have, your financial goal and risk tolerance....
A Systematic Investment Plan or SIP plays a key role in helping you create wealth and achieve your goals through disciplined investing....