SIP (Systematic Investment Plan) is a method of investing a fixed amount regularly in a mutual fund scheme, usually monthly, to build wealth over time.
SIP is one of the most popular ways to invest in mutual funds, especially for beginners. Instead of investing a lump sum, you invest small amounts at regular intervals, making investing more affordable and disciplined.
SIPs are regulated in India under mutual fund guidelines by the Securities and Exchange Board of India.
SIP is ideal for investors who want to build wealth gradually without timing the market.
"If you invest ₹5,000 every month in a mutual fund through SIP for 10 years, your investment can grow significantly due to compounding and market returns."