ADVANTAGE OF SIPs
DISCIPLINE
SIPs inculcate the habit of investing a fixed amount at regular intervals for a specified period
RUPEE COST AVERAGING
The average investment cost comes down because investor passes through all the market ups and downs
MARKET TIMING
Reduces the risk associated with market timing as you are in the market more with your investments rather than waiting for the right time to invest
COMPOUNDING
Investments grow over time with the power of compounding, which has mathematical advantages in the long run
CONVENIENCE
Once you initiate an SIP, the investments are automated and you do not have to revisit the application to invest or for other paperwork
RIDES VOLATILITY
Markets go up and down, with SIPs, you have the upside of being able to ride the volatility
GOALMAPPING
Helps you invest for specific financial goals through a portfolio of funds that are suited for the goal