Automated investments On the dates chosen by you, say, first of every month, money is automatically debited from your savings bank account and invested into your mutual fund scheme.
Flexibility You can choose your SIP investment amount, date and frequency, be it daily, weekly, monthly or quarterly.
Small investments SIPs are ideal for those starting out investing in mutual funds. You can start with an investment as small as Rs 500. There is no limit on the maximum investment amount.
Investment discipline SIPs help investors, especially younger ones, establish a regimen for regular investments. This is because the investment amount can get deducted from the savings bank account every month before any part of the pay can be spent.
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