Investing in SIP is a great way of achieving your long-term as well as short-term financial goals. One good reason why you must invest in this format is the habit of saving and investing it inculcates in one. It is a very disciplined approach to investing. Not to mention SIP also reduces the risk pertaining to equity fluctuations. More information on SIP you can visit ClearTax and choose from a selection of handpicked plans that best suit your budget to meet your financial needs.
Systematic Investment Plan (SIP) – Best way to invest
Systematic Investment Plan, commonly referred to as an SIP, allows you to invest regularly a fixed sum in your favorite mutual fund scheme/s. In SIP, a fixed amount is deducted from your savings account every month and directed towards the mutual fund you choose to invest in.