SIP Insurance Plan Benefits
Start SIP with as low as ₹1000
No hidden charges
Save upto ₹46,800 in Taxunder section 80C^
Zero LTCG Tax¶
Disciplined & worry-free investing
What are SIPs (Systematic Investment Plans)?
A Systematic Investment Plan (SIP) is a disciplined approach to investing in mutual funds or market-linked funds. Through SIPs, investors can allocate a fixed sum of money regularly—monthly, quarterly, or annually—into a fund scheme of their choice. This method promotes consistent investing and helps build wealth over time by using the principles of rupee cost averaging and the power of compounding.
SIP Calculator
Monthly Investment
₹22.4 L
Top Funds with High Returns (Past 7 Years)
19.3%
High Growth Fund
15.61%
Accelerator Mid-Cap Fund II
15.48%
Opportunities Fund
Benefits of SIPs
Below are the benefits of SIPs (Systematic Investment Plans):
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Disciplined Investing: SIPs encourage consistent investment habits, helping you save and invest regularly without worrying about market timing.
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Affordability: You can start with small amounts (e.g., ₹500), making it accessible to investors with varied budgets.
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Rupee Cost Averaging: By investing a fixed amount regularly, you buy more units when prices are low and fewer units when prices are high, reducing the impact of market volatility.
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Power of Compounding: Regular investments and reinvestment of returns over time help grow your wealth exponentially.
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Convenience and Flexibility: SIPs are hassle-free, automated, and can be customized based on your goals and budget. You can increase, decrease, or stop investments as needed.
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Goal-Based Planning: SIPs can help you systematically achieve financial goals like retirement planning, education funding, or buying a home.
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No Need to Time the Market: SIPs eliminate the stress of predicting market highs and lows, making them ideal for long-term wealth creation.
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Diversification: Investing through the best SIP plans in mutual funds or market-linked funds provides exposure to a diversified portfolio, spreading risk across various asset classes.
How Does SIP Work?
A Systematic Investment Plan (SIP) allows you to invest a fixed amount in a mutual fund or market-linked fund scheme at regular intervals. Here's how it works:
Conclusion
SIPs are a reliable investment tool for building financial security and achieving long-term goals. Their structured approach, combined with flexibility and the ability to combat market volatility, makes them ideal for both novice and seasoned investors. Start early and stay consistent to make the most of your SIP journey.