Can SIP Investments Help you Make Money in the Long Run?
Oct 31, 2023
Pune (Maharashtra) [India], October 31: Over the years, SIP investment has become quite popular in India. So much so that in February 2023, its contributions reached Rs 1,41,696 crore. So, what is it about SIP that has made it so popular? One of the reasons for that is that you can make investments in small amounts. Another reason is that SIP investment plans can be set up easily through distributors or the fund house's website. It can prove to be a suitable option when you do not have a lot of money to invest upfront. This way, you invest a little every month, and you can grow your investment amount gradually. Here, we will discuss whether SIPs can help you make money when looked at from a long-term perspective.
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