What is an SIP? What is the return I will get on an SIP investment? What is rupee-cost averaging? In this video we answer all these questions. We also explain how the concept of SIP investing works with the help of an example.
SIP or systematic investment plan is a method of investing popular in mutual funds. Investments are done on pre-determined dates immaterial of the market levels. This helps in averaging out the purchase price of the mutual fund units, and hence offers more stability to the portfolio returns.