SIP (Systematic Investment Plan)

A Systematic Investment Plan (SIP) is a method of investing in mutual funds. In this approach, an investor selects a mutual fund scheme and invests a fixed amount of their choice at regular intervals.

The SIP investment strategy focuses on making smaller, consistent contributions over time, rather than investing a large sum all at once. This can lead to potentially higher returns in the long run. What is Systematic Investment Plans (SIP)?

Lumpsum

When you make a one-time investment, it is called lumpsum. Lumpsum investments are generally done when people have got a big sum of money like bonuses or payments from a sale of an asset.