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Query: What is SIP

Category: Mutual Fund

Answer: Want to know about SIP (Systematic Investment Plan).

Date Posted 27-Nov-2019
Posted By Kumar Prakash
Views: 721



Admin On 27-Nov-2019
SIP refers to the Systematic Investment Plan, which is a systematic and regular way of investing in mutual funds. It is more or less like RD (Recurring deposits), wherein we allocate some fixed amount at a regular interval may be monthly or quarterly. SIP is a recurring investment in mutual funds.

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