4 Advantages of Systematic Investment Plan
Advantages of SIP in Detail:
Disciplined investing approach:
- Eliminates the need to actively track the market
- You can stop worrying about when and how much to invest
Rupee Cost Averaging:
- Eliminates the need to time the market
- One buys more at low price and less at higher price
Benefits of compounding:
- Key to building wealth – start investing early and regularly
- Small sum of moneyinvested regularly can grow to a large sum.
Simple, Convenient and easy to monitor:
- Simple one time setup with low recurring effort
- Makes investing and tracking of investments easy.
