A Systematic Investment Plan (SIP) is a disciplined way to invest a fixed amount regularly in mutual funds. It allows investors to build wealth over time through the power of compounding and rupee cost averaging.

With SIP, you can start investing with a small amount, making it accessible for everyone. It helps inculcate a habit of saving and investing regularly, which is crucial for long-term financial goals.

SIPs are flexible, allowing you to choose the investment amount, frequency, and duration based on your financial situation and goals. They are ideal for long-term wealth creation, such as retirement planning, children's education, or buying a home.