The rupee cost averaging results when you stagger your investments over a long period. This ensures that you get much more returns as compared to a lump-sum investment.
Start with as low as Rs 100 a month
You can start investing in Mutual Fund through an SIP with an amount as low as Rs 500. Over time, you can increase your monthly SIPs when you get the feel of what mutual funds are capable of.
Rupee Cost Averaging
The equity market is volatile, and when you invest via an SIP, you will buy more number of units during a slump and less number of units in a booming market, and as a result, you would decrease the cost per unit in the long run.
Become a disciplined investor
Investing via an SIP would make you disciplined in terms of managing your finances. With the option of automated payments, you don’t have to go through the hassle of investing manually every month.
Acts as an Emergency Fund
You can stop your SIPs at any time, and the fund house has no say in this. Also, you can redeem your investment at any time (if there is no lock-in period)