Systematic Investment Plan [SIP] is an investment scheme offered by mutual fund companies using which an investor can invest small amounts in there mutual funds on periodically it can be weekly, monthly, quarterly basis.

It is very similar to bank RDs where a person can start a mutual fund with a minimum amount of 500, 100 etc per month decided by the mutual fund companies.

Amit Singh Rawat_Knowandask

Amit Singh Rawat: Owner/ Founder of Knowandask a Digital Learning platform to educate yourself learn spread knowledge and share knowledge.