Building
SIP
A Systematic Investment Plan (SIP) is a method of investing a fixed amount in a mutual fund at regular intervals.
In More Detail
SIPs work by automatically deducting a pre-set amount from your bank account. Over long periods, they average out your cost per unit through rupee-cost averaging.
Related Terms
Asset Allocation
Asset allocation is distributing your investments across different asset classes (equity, debt, gold, real estate).
Expense Ratio
The annual fee charged by a mutual fund to cover its management and operating costs, as a percentage of assets.
Lump Sum Investment
A lump sum investment means deploying a large amount of money into a mutual fund or other instrument all at once.
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