What is SIP? A Beginner's Guide to Systematic Investment Plans
What is SIP? A Beginner’s Guide to Starting Your First Mutual Fund Investment You know what’s funny? A lot of people think investing is something only “finance experts” do—like you need a fancy degree or a big bank balance. But that’s simply not true. If you’ve got a savings account, some patience, and the willingness to invest even a small amount every month, you’re already halfway there. That’s exactly where SIPs — Systematic Investment Plans —come in. Why SIP is Perfect for First-Time Investors Let’s clear up the myth: you don’t need a lump sum or market expertise to start building wealth. SIPs let you begin your investment journey with as little as Rs. 500 or Rs. 1,000 per month . Benefits of SIP for Beginners: Affordable Entry Point – Start small, stay consistent Automated Process – Set it and forget it Discipline Builder – Encourages regular investing habits Ideal for Long-Term Goals – Works well across market cycles How Does SIP Work in Simpl...