DhanRise.com

DhanRise.com Our experts, help you to create your own path of building wealth.

DhanRise is a Fintech Start-up, built on core of avant-garde technology to facilitate your journey of saving, growing and harvesting your hard earned money for realising your dreams.

25/10/2021

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What is SIP?
A Systematic Investment Plan (or SIP) is an investment mode through which you can invest in mutual funds. As the term indicates, it is a systematic method of investing fixed amounts of money periodically. This can be monthly, quarterly or semi-annually etc. When you invest steadily in this manner, it can become easier to meet your financial goals.

How does SIP work
When you invest through a SIP, you invest a fixed sum of money in a given period. This amount lets you purchase a certain number of fund units. If you continue to do this for a long time, you get to invest in the fund during the highs and lows. In other words, you don’t need to time the market to make your investments. Market timing can be a risky proposition as one can invest at the wrong time. SIP investments remove this factor of unpredictability.

25/10/2021

What is SIP? Why should you invest early? final all answers

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