Many a times, we do not want to commit to an investment that requires regular outflow of money. We feel future is uncertain and what if our cashflows don’t keep up with our committed investments.
Systematic Investment Plan (SIP) helps you invest in a disciplined manner in the long term with the advantage of compounding and rupee cost averaging. A long term SIP works best but if you don’t want to commit for long, you can go for limited period SIP and review your situation at the end of the period and decide if you want to extend your SIP investment.