An SIP is a systematic investment plan that allows you to invest a fixed stipulated amount every month in a mutual fund of your choice. More and more investors are realizing the benefits of investing through an SIP. The benefit of an SIP is that it is suitable for any wallet size. So though the SIP ticket size may have reduced over the last five years, the amount of SIP collections has increased, indicating greater investor performance. (Source: AMFI)
Mutual fund investments are subject to market risks, read all scheme related documents carefully.