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"The doorstep to the temple of wisdom is a knowledge of our own ignorance" - Benjamin Franklin
Recipe for Wealth creation - SIP

SIP is a convenient mode of investing in mutual funds. Minimum investment through SIP in a scheme is generally र 500 and there is no maximum limit. The idea of SIP is not for big or small investors. SIP is a way of investing through which Investors can be benefited by rupee cost averaging and power of compounding in the long term.

SIPs also bring in the discipline in an investor as it encourages saving small or big amount through a fixed interval for a fixed period.

Therefore, while a small investor can take advantage of investing small amounts through SIP every month for building a corpus for his future.

The big investors take advantage of equity returns by investing his large investing surplus systematically and ride the benefit of market volatility.

Therefore, it is ideal for both the purposes – build savings as well as enhance returns on already accumulated amount.

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