Resources/Finance, Tax & Legal Dictionary/SIP (Systematic Investment Plan)
Term

SIP (Systematic Investment Plan)

Investing a fixed amount in a mutual fund at regular intervals.

Pending professional review. This content was drafted with Claude from official sources and has not yet been reviewed by an ArthaKara professional. Verify against the official sources before relying on it.
Simple meaningInvesting a fixed amount in a mutual fund at regular intervals.

Technical meaning

A facility to invest fixed sums periodically in a mutual fund scheme, buying units at the prevailing NAV.

Practical example

Rs 10,000 a month invested on the 5th of every month.

Official reference

General usage

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Investment-related information is for educational purposes only. Past performance does not guarantee future returns. Readers should consider their financial objectives, risk tolerance and circumstances before making investment decisions.