What is a Mutual Fund
A SIP Mutual Fund or “Systematic Investment Plan” is a simple and efficient way to create wealth for your future financial goals by making affordable, regular investments. Under SIP plans, a fixed amount of money is deducted from your bank account on a specific date each month or quarter, and automatically invested into a SIP Mutual Fund of your choice. SIP Mutual Funds are highly flexible, as they allow you to increase, decrease, or regularly step up your investment amount as per your objectives and convenience. With lakhs of new SIP Plans being added each month, they have become the undisputed savings tool of choice for smart savers across India!