Glossary Mutual Fund / Term
SIP stands for Systematic Investment Plan. This is a way of investment provided by Fund Houses or AMCs which allows the investors to invest a pre-determined sum of money on a regular basis.
The periodicity of investments can be weekly, monthly or even quarterly. It is based on the same principle as Recurring Deposits. SIPs give an opportunity to people who do not have access to a big lump-sum amount to invest and grow their funds.
Permanent link SIP - Creation date 2020-05-23