Systematic Investment Plans (SIP)

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Mutual Fund Systematic Investment Plans (SIP) have become one of the most popular investment vehicles for households in India. There are currently 8.2 crore SIP accounts, as on 29th February 2024 and more than Rs 15,000 crores is invested in every month through Systematic Investment Plan for the last 6 months (source: AMFI, as on 29th February 2024). In February 2024, Rs 19,187 crores was invested in mutual funds through SIP (source: AMFI). SIP’s enormous popularity is a testimony of the fact that for millions of investors SIP Sahi Hai. Know more about SIP...