Mutual Fund & Finance
Important highlights
- A SIP invests a fixed amount at regular intervals.
- It spreads your entry across market levels.
- It does not guarantee returns or protect from losses.
How it works
Each instalment buys units at that day's NAV. When prices are low you get more units and when they are high you get fewer.
Before you start
Match the scheme to your goal and horizon, read the scheme documents and keep an emergency fund aside. Mutual fund investments are subject to market risks.
Official notification / source: AMFI India
Editorial summary for awareness. Check the official source before acting.