Systematic investment plan
Also called: SIP, SIPs
A way of investing a fixed amount in a mutual fund at regular intervals, often monthly.
A SIP builds a saving habit and spreads purchases over time, buying more units when prices are low and fewer when high. It is a method, not a product, and does not guarantee returns.
Learn more in these lessons
- Mutual fund fundamentalsHow does a mutual fund work, and what should you check before investing?
- Sequence of returnsWhy does the order of returns matter if the average is the same?
- Emotional decision-makingHow do you stop fear and greed from making your investment decisions?
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