What is a Monthly SIP?

Systematic Investment Plans (SIP) allow you to make a monthly investment of a fixed amount and helps you get into the habit of investing regularly. 

Below are the benefits of a monthly SIP-

Start small, build big - You don’t have to wait till you have a large amount to invest and can start with as little as ₹500 per month. Investing a small amount regularly over a period of time is one of the best ways of building wealth.

Disciplined approach to investing - Do you want to make regular investments but often forget to do so? SIP Reminder is here to help you. This feature will remind you to make your investment on a particular day every month.

Flexibility in investing - Don’t have enough funds on the reminder date? No worries! Just snooze (Tap Later) on the reminder and it will remind you about the investment a few days later.

Benefit from market fluctuations - SIP helps you benefit from the ups and downs in the market by adding more value to your investment when the market is down. It helps in reducing the impact of short-term market fluctuations.