You definitely need a Systematic Investment Plan (SIP) if any one of the following is true

1. You want to make a small beginning with an amount as low as Rs. 2000

2. You prefer a disciplined approach to regular investing in equity

3. You want a fixed amount of investment every month to become an integral part of your budget

4. You do not want to make efforts to track market conditions or time the market

5. You want the advantage of buying equities through both bullish and bearish phases

6. You prefer to rely on a professional fund manager rather than making stock calls yourself

7. You have patience and a long-term approach to building wealth

8. You earn a regular monthly income and need the best mechanism to channelise a defined part of it into mutual funds

In all the above situations, investing a fixed sum at periodic intervals through an SIP gives you the long-term benefits of equity investing, even if you do not have a lumpsum to commit at the start

f you're still not sure whether you should start investing, ask yourself a basic question before you buy:

Do you want to reduce your risk of loss and let the power of compounding take effect over the long term, all without the stress of timing the market?

If the answer is

Yes

You definitely need an SIP

Make a small beginning today using a Systematic Investment Plan and channelise your savings regularly.

All Good Wishes to your Family Members....