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Systematic Investment Plan (SIP)

  Systematic Investment Plan (SIP)   A Systematic Investment Plan, generally known as SIP, is a financial facility proposed by mutual funds to investors to invest in a disciplined way. SIP facilities allow investors to invest a set amount of money at pre-defined gaps in the selected fund strategy. The fixed amount of money to invest can be as low as Rs. 500 and more, while the pre-defined intervals for SIP can be on weekly, monthly, semi-annually, or annual basis. With the SIP route to investments, an investor can invest in a time-bound form without stressing about the market dynamics. Plus, it stands to help in the long term due to reasonable cost and the power of compounding. However, there are different kinds of investments, such as one-time or monthly investments, so let's discuss them in detail.   Meaning Of A One-Time Investment Plan   A one-time investment program is an investment where a fixed or lumpsum amount is invested in a particular plan for a spe...