How Does SIP Work in Mutual Funds? | SIP For Beginners

The SIP facility allows you to invest a fixed amount of money at predefined intervals in the mutual fund scheme of your choice. When you invest a fixed amount of money in equity mutual fund schemes at regular intervals without timing the stock market you end up investing at different stock market levels. You will be able to purchase more equity mutual fund units when the stock market is down and lesser units when the market is high for the same amount. Step-Up SIP helps you build a bigger corpus than a regular SIP and reach major financial goals faster.

Subscribe to Groww Mutual Fund Channel : http://bit.ly/2FX57wj

We also have a Kannada, Tamil, Telugu & a Malayalam channel
Please subscribe here:
👉 Groww Kannada - https://bit.ly/3ekyeKP
👉 Groww Tamil - https://bit.ly/3cbhN3Z
👉 Groww Telugu - https://bit.ly/39aLpwC
👉 Groww Malayalam https://bit.ly/3enG2LV


Follow us on:
Facebook:   / growwapp  
Twitter:   / _groww  
Instagram:   / mutualfundsatgroww  
LinkedIn:   / groww.in  

#groww #mutualfund

Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.