Money word, in plain English ← Back to all terms
SIP
Investing a fixed amount automatically, every month.
Example. ₹1,000 on the 5th of every month into a fund, without thinking about it.
SIP stands for Systematic Investment Plan. It is the simple habit of putting the same amount into an investment every month, on autopilot, so you do not have to time the market or remember to do it.
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