{"id":3503,"date":"2023-08-25T13:15:47","date_gmt":"2023-08-25T07:45:47","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=3503"},"modified":"2024-08-26T09:37:49","modified_gmt":"2024-08-26T04:07:49","slug":"what-is-sip-and-why-should-one-start-a-sip","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/what-is-sip-and-why-should-one-start-a-sip\/","title":{"rendered":"What is SIP and Why should one start a SIP?"},"content":{"rendered":"
SIP, or Systematic Investment Plan, is an investment strategy that allows individuals to invest in mutual funds regularly over a specified period. It involves investing a fixed amount at regular intervals, typically monthly even with small amounts like Rs. 500 p.m.. SIP<\/a> offers several advantages, making it a popular investment method. Firstly, it promotes financial discipline by encouraging regular savings. Secondly, it provides the benefit of rupee cost averaging, allowing investors to buy more units when prices are low and fewer units when prices are high.<\/p>\r\n