The SIP. Small bets, long game.
Front
The SIP
Small bets, long game
A fixed amount put into an investment on the same day every month.
Back
A Systematic Investment Plan puts a fixed sum into a mutual fund every month. You do not pick the right moment. You buy every month. When markets drop, your fixed sum buys more units. When markets rise, your holdings grow. The system removes decision-making. That is why it works.
- 500 rupees per month at 12% for 25 years grows to about 9.4 lakh from 1.5 lakh invested.
- Anyone with a bank account and a PAN card can start a SIP. The minimum is often 100 rupees.
Rupee cost averaging, standard finance
Keep exploring
Because you read The SIP.
EMI
The cost of "easy"
A large price broken into equal monthly payments, with interest added.
The Bank Account
Where your money lives
A record at a bank showing money held in a person's name.
GST
One tax instead of seventeen
One tax on the final price, replacing a chain of separate taxes.
Read as a path · 7 cards · 4 min
Understanding MoneyA short journey through the ideas behind everyday money.