What Is SIP in Mutual Funds? A Simple Investment Strategy Explained Author: @nkit Have you ever heard people say they invest ₹500 or ₹1,000 every month and build significant wealth over time? That’s the power of SIP — or Systematic Investment Plan — one of the easiest and smartest ways to start investing in mutual funds. In this guide, you will learn what an SIP is, how it works, its benefits and risks, types of SIPs, and how to start your own SIP step by step. What Is SIP? SIP stands for Systematic Investment Plan . It is a way of investing in mutual funds where you invest a fixed amount of money at regular intervals — usually monthly or quarterly — instead of investing a large amount all at once. :contentReference[oaicite:0]{index=0} Think of it like a disciplined savings plan — similar to a recurring deposit — but instead of saving for a fixed return, you are investing in mutual funds that participate in market growth over time. :contentRef...