Glossary
/SIP Full Form
The full form of SIP is Systematic Investment Plan.
It is an automated investing method in which you invest a fixed amount of money, such as ₹500 or ₹5,000, each month into a mutual fund, rather than investing a massive lump sum amount at once. This approach naturally runs on autopilot for you, buying more units when market prices are low and fewer when prices are high.
Investors can use a SIP Calculator to instantly estimate their potential wealth over 10 or 20 years based on their monthly contributions.