Description
SIPs (Systematic Investment Plans) and Mutual Funds: A SIP is a disciplined investment approach where a fixed amount is invested in a mutual fund at regular intervals. This helps average out the cost of investing, reducing the impact of market fluctuations. Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities. This diversification helps manage risk and potentially generate higher returns over the long term.
