A Systematic Investment Plan (SIP) is a method of investing a fixed amount regularly in a mutual fund scheme.
Under a SIP, an investor contributes a chosen amount at regular intervals, such as monthly, toward a selected mutual fund scheme.
Depending on the mutual fund and the SIP facility, investors may be able to increase, decrease, pause, or modify their SIP contributions, subject to applicable terms.
SIPs provide a structured way to invest regularly and may help investors maintain investment discipline over time.
No. SIP investments in mutual funds are subject to market risks, and returns are not guaranteed.