SIP (Systematic Investment Plan)
💡 In plain English: A way to invest in mutual funds automatically each month — India's version of dollar-cost averaging.
Definition
A method of investing a fixed amount in a mutual fund at regular intervals (usually monthly), regardless of market conditions.
📌 Real-World Example
A ₹5,000/month SIP in a large-cap fund at 12% p.a. for 15 years could hypothetically grow to ~₹25.2 lakhs (illustrative, assuming constant 12% returns — not guaranteed), on a total investment of ₹9 lakhs.
Related Terms
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