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The Complete Guide to SIP Investing

  • Systematic Investment Plan (SIP) involves investing fixed amounts at regular intervals in mutual funds.
  • SIP promotes disciplined investing, rupee cost averaging, flexibility, convenience, and long-term growth potential.
  • Investors can choose different types of SIPs based on goals, income patterns, and preferences.
  • Steps to start SIP include assessing goals, selecting funds, completing KYC, registration, and monitoring.
  • SIP calculators help estimate future values, but market risks and goal alignment are crucial.

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