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groww.in
What is SIP & How Systematic Investment Plan(SIP) Works?
SIP is an investment option wherein small amounts are invested periodically instead of lump sums. Understand its meaning, how it works, types, benefits, etc. on Groww.
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Systematic Investment Plan, or SIP, is one of the simplest and most disciplined ways to start investing. Instead of putting in a large amount at once, SIP lets you invest a small, fixed amount every month — helping you build a strong financial habit. Think of it like saving regularly but with the added advantage that your money grows over time through the power of compounding. With SIP, you get: ✅ Discipline and consistency ✅ Convenience and flexibility ✅ Long-term wealth creation ✅ No stress of
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Understanding SIP vs Step-up SIP! A SIP (Systematic Investment Plan) allows you to invest a fixed amount regularly —iinto mutual funds. It’s a disciplined way to build wealth over time. But what if you increase that amount every year? That’s where a Step-up SIP comes in. ➡️ SIP: Same investment amount every month ➡️ Step-up SIP: Investment amount increases annually (e.g., by 10%) Disclaimer: This post is intended for general and educational purposes only and should not be considered as investmen
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