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A Systematic Investment Plan (SIP) is a method of investing in mutual funds where you contribute a fixed amount at regular intervals, usually monthly. Instead of trying to time the market, SIP allows you to buy units systematically, which averages out the cost over time and reduces risk. It helps in building financial discipline, encouraging small but consistent savings that grow into significant wealth through the power of compounding. Whether you aim for retirement, children’s education, or wealth creation, SIP is a flexible and beginner-friendly way to achieve long-term financial goals.
